Taxes can certainly be a headache. No matter what, they always seem to cause a problem every year when April rolls around. Because they can be such a headache, any break that we can find in them is certainly a break that we will want to find. That is why it is such good news to know that you can get a Federal tax credit in Fairfield County, CT quite easily. You must now be wondering what that tax credit is and how you would go about getting it. Here is what you need to know. You will be surprised how this one thing you can do will not just save you money on your taxes, but will also save you money overall.
Energy Star Appliances
All you need to do is consider purchasing Energy Star appliances. Many people do not know this, but the federal government has started providing tax credits for several of the appliances you could replace in your home. You can get a federal tax credit in Fairfield County, CT by replacing them. Just what appliances apply? Here are a few that you can consider.
• Washer and Dryers
• Hot Water Heaters
• Air Conditioners
Not only will you gain a federal tax credit in Fairfield County, CT when you replace these appliances with energy star models, but you will also be saving yourself a great deal of money. The reason that these appliances are Energy Star certified is because they use a great deal less energy overall. If you replace just one appliance, you could end up saving hundreds of dollars on your energy bills. If you replace all of your appliances, you could save thousands of dollars.
Your Air Conditioning Unit
Consider your air conditioning unit. These units can take up the bulk of the energy bill, especially during hot months. An Energy Star rated unit along with a programmable thermostat can make a big difference. When you are looking for air conditioners, make sure you choose one that qualifies for a federal tax credit in Fairfield County, CT.
How to Get the Tax Credit
Of course, once you have purchased and installed the appliance, you may be wondering just how to get the tax credit. It is actually quite easy and as long as you have saved your receipt, you should have no problem at all. When you file your taxes next year, be sure to look for the Energy Star credit. It will be listed with other tax credits that are available. If you use tax preparation software, you will be asked if you purchased any new appliances. If you use a professional tax preparer, be sure to let them know that you did purchase the Energy Star appliance.
When it comes to your taxes, you can make them less of a headache this year. You can easily get a federal tax credit in Fairfield County, CT by choosing to purchase Energy Star rated appliances and air conditioners for your home. Be sure to confirm the appliance qualifies for the credit before you buy so you will not have any problems when tax season comes around.