-
Active since 1995, Hearth.com is THE place on the internet for free information and advice about wood stoves, pellet stoves and other energy saving equipment.
We strive to provide opinions, articles, discussions and history related to Hearth Products and in a more general sense, energy issues.
We promote the EFFICIENT, RESPONSIBLE, CLEAN and SAFE use of all fuels, whether renewable or fossil. -
Super Cedar firestarters 30% discount Use code Hearth2024 Click here
- Status
I remember helping you...then you came over and drank all my beer while you watched me install mine...macman said:
I can't beleave you drank all his beer. Even his last beer?
That's like taking someone's last cigarette, or burning their last bag of pellets. You should be ashamed.
...now off to the pellet pig's bad boy chair for 1 hour of forum time. %-P
That's like taking someone's last cigarette, or burning their last bag of pellets. You should be ashamed.
...now off to the pellet pig's bad boy chair for 1 hour of forum time. %-P
codebum said:
I would NEVER drink it all...that's just plain wrong. I left him 1 can of the 18 pack...... ;-P
The tax credit is for 2009. They have been trying to get this credit passed for three years or so and it finally got passed in october 2008. The tax is not final yet as the IRS has not given word on whether they will execpt the EPA certifiaction that pellet stoves are 75% effecient or better. They may require manufacturers to certify there units. Save your paperwork on any stove purchased in 2009. The exact wording of the credit should be finalized in April.
I smell a conspiracy. Lawmakers pass the bill amid the summer/fall's energy crisis to get their names in the news, and they are lauded as heroes. Many people bought and placed their stoves into service in 2008 during said crisis. Now, no one is buying new stoves now in 2009, because the oil prices are reasonable again. The extreme vast majority of pellet stove owners cannot cash in on tax credit, thus saving the government millions that would have gone back to stove buyers. Then the lawmakers give themselves fat raises with said saved money.
Yeah, I found out about the tax credit while doing my taxes as well. Not only did I install the stove the wrong year but I apparently had a steel roof put on the wrong year as well. You could get a credit for a steel roof in 2007 and in 2009, but not in 2008. Too bad all those pesky shingles that kept blowing off wouldn't have agreed to stay in place for 12 more months.
Hey, why don't we all agree to "sell" each other our stoves? I'll "sell" someone else who has an englander 25pdvc my 25 pdvc for $50, then I'll buy theirs for $50. We then exchange checks, and put our "new" stoves into service this year. We just need to write checks so we have a reciept!
This is pretty darn confusing... Typical of the taxpayer getting money back I suppose... But the text of the H.R. 1424 public law no. 110-343 sec 302 says placed into service: "`(1) after December 31, 2007, and before January 1, 2009, or
`(2) after December 31, 2009.'." Seems to me that counts for 2008... However the site that links to this text at pelletheat.org only talks about 2009..
Has anyone actually figured this out yet?
Thanks
-Mike
`(2) after December 31, 2009.'." Seems to me that counts for 2008... However the site that links to this text at pelletheat.org only talks about 2009..
Has anyone actually figured this out yet?
Thanks
-Mike
- Status
Similar threads
