Federal Stimulus Tax Credit – Heating & Air

Turn to the Experts for Money-Saving Comfort

There are a lot of reasons why homeowners nationwide turn to the experts at Carrier for their indoor comfort needs. Comfort. Innovation. Reliability. Carrier Dealer/Experts. We have developed a worldwide reputation for delivering superior indoor comfort technology that truly stands out from the competition, including our remarkable Infinity® System. In addition, we offer a wide variety of products that not only meet the requirements for the Federal Tax Credit for Residential Energy Property Expenditures, they can provide years of substantial savings on monthly energy bills.

How the Program Works

As part of an effort to reduce dependence on foreign sources of energy, the American Recovery and Reinvestment Act of 2009 provides a tax credit to help offset the costs of making energy efficiency improvements to your home. Some key details of the program are as follows:

• The tax credits apply to a variety of products (including installation costs) such as windows, doors, heating and cooling equipment and more.
• The amount of the credit is equal to 30% of the installed cost of the qualifying products, up to a total of $500.
• If a qualifying purchase is not large enough to qualify for the maximum credit of $500, the remaining available tax credit can be claimed for additional qualifying purchases.

How to Get Credit

Reliant Air Conditioning recommends that you speak to a qualified CPA.

1. Purchase a qualified unit and have your qualified unit installed by the end of 2011. Save your receipts
2. You will need to file the IRS Form 5695 and submit it with your 2011 taxes by April 15, 2012.

Tax Credits Available in 2011

To take advantage of the American Recovery and Reinvestment Act of 2009 tax credits, you must purchase your qualifying high-efficiency comfort system between January 1, 2010 and December 31, 2011. Better yet, your savings won’t be limited to a one-time tax credit. You’ll continue saving every month with reduced monthly cooling and heating bills. For more information, contact a Comfort Specialist at Reliant Air Conditioning today!