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Posted: 2:07 PM Jan 12, 2009
Homeowners Can Cut Energy Bills and Income Taxes with Energy Efficiency Improvements
U.S. homeowners have a new opportunity to lower their energy costs and save up to $500 on their 2009 federal income taxes by making specified energy efficiency upgrades to their homes, advises the Tax Incentives Assistance Project.
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Why don't any of us who installed a metal roof and a very efficient wood burning stove in 2008 qualify for any tax breaks?! I was too forward a thinker...?
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We can hardly believe what we just read. Why in the world would congress decide to skip a year (2008) when extending the rebates? This is exactly why we don't gamble - we have the worst luck. Of course, by now you can guess that we put a new Energy Star roof on our home in 2008. We feel that the government has cheated us out of $500.
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