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Old 08-08-2007, 03:26 AM
Benjamin Yazersky CPA
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Default Re: Energy Credits for 2006?

"Mike" <1234_[at]yahoo.com> wrote:

- quote -

> I bought two high efficiency window air condition during
> 2006. I thought I could deduct part of the purchase cost
> using the energy credit but I don't see the air conditioner
> deduction in Turbo Tax Deluxe.
> Can I deduct part of the air cinditioner costs? If so, how?
> How can I maximize the deduction this year? I need a new
> storm door and front door, replacment windows.
> What else short of solar or wind power is deductible?
> Yes, I know I'm late filing but I get a refund.


Take a look at form 5695 & its instructions - residential
energy credits

I don't know turbotax

___________________________________
<<< Benjamin Yazersky, CPA [NJ & NY] > > -----> real address on hobokeni or hobokenx <-----

<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ------------------------------------------------------- >
  #-1  
Old 08-07-2007, 02:31 AM
Mike
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Posts: n/a
Default Energy Credits for 2006?

I bought two high efficiency window air condition during
2006. I thought I could deduct part of the purchase cost
using the energy credit but I don't see the air conditioner
deduction in Turbo Tax Deluxe.

Can I deduct part of the air cinditioner costs? If so, how?

How can I maximize the deduction this year? I need a new
storm door and front door, replacment windows.

What else short of solar or wind power is deductible?

Yes, I know I'm late filing but I get a refund.

Thanks,

Mike

<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ------------------------------------------------------- >
 

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2006, credits, energy
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