Tax Incentives in CT (Real Estate - Home Improvements)

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Item ID 132280864 in Category: Real Estate - Home Improvements

Tax Incentives in CT

The government wants to encourage people to switch to renewable energy. As a result, the federal government offers two types of tax credits for installing solar panels.

The Residential Renewable Energy Tax Credit applies only if you have a home that is owner-occupied. If you rent out your house or apartment, you do not qualify.

If fossil fuels are powering your home and you own it, then you may also qualify for this tax incentive. This credit can be applied against either income or capital gains taxes during tax season – whichever is greater.

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Target State: All States
Target City : 2 Shaws Cv, New London, CT 06320
Last Update : Dec 12, 2022 9:59 AM
Number of Views: 67
Item  Owner  : Tax Incentives in CT
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2023-10-03 (0.393 sec)