Todd said:
I say go with the 500 if it's in great shape. It doesn't say anywhere that if you buy a used stove you can't use the 30% tax credit, so get a receipt and down load the tax certificate from Jutol and file with your taxes.
It doesnt say anywhere that a used stove doesnt qualify for the tax credit, but it does say the use of the stove needs to originate with the taxpayer.
Here it is in very plain engrish from the IRS website.
1) Requirements to Claim the Credit. A taxpayer may claim a credit under § 25C with respect to amounts paid or incurred for an item of property only if each of the following requirements is satisfied:
(a) The item is installed in or on a dwelling unit located in the United States and, at the time of installation, the dwelling unit is owned and used by the taxpayer as the taxpayer’s principal residence (within the meaning of § 121). Thus, the credit is only available for existing homes. See § 45L for the credit applicable to new homes.
(b) The original use of the item commences with the taxpayer.
Note (b) Read that and speak to your accountant before trying to claim a stove that was put into service by a taxpayer NOT claiming it.