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Going Green to Save Green on Your Taxes

By WKTV News

<b> WKTV - </b> Going green is not only good for the environment, but it could mean a tax credit for you.  There are several energy-related tax credits, under the stimulus plan, that could put money in your pocket. 

One of the tax credits is the residential energy property credit.  This is for homeowners who made qualified energy efficient improvements to their existing home.  Improvements can include adding insulation or energy-efficient windows.

Another tax credit is the residential energy efficient property credit.  This is for homeowners who paid for qualified alternative energy equipment, such as solar hot water heaters, solar electricity equipment or geothermal heat pumps.

To see more ways on how going green can save you green, go to this section of the IRS website:


http://www.irs.gov/newsroom/article/0,,id=220989,00.html

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