Mark: This form is trying to be all things for all residential energy improvements. Part one is for non-business Energy Property and Part two is for Energy Efficiency Property. The tax wonks classify these improvements separately for their own purposes. In a message dated 9/9/2009 9:54:40 A.M. Pacific Daylight Time, al...@positiveenergysolar.com writes:
Mark, Read it more closely. $1,500 is an aggregate limit on the 30% credit for energy-efficiency expenses. That credit is a substantial improvement over the preceding item-specific credits, in that it lets you combine an aggregate of energy-saving measures. The residential solar 30% uncapped credit is in a separate section on the next page. Allan Sindelar _al...@positiveenergysolar.com_ (mailto:al...@positiveenergysolar.com) NABCEP Certified Photovoltaic Installer EE98J Journeyman Electrician Positive Energy, Inc. 3201 Calle Marie Santa Fe, New Mexico 87507 505 424-1112 _www.positiveenergysolar.com_ (http://www.positiveenergysolar.com/) From: re-wrenches-boun...@lists.re-wrenches.org [mailto:re-wrenches-boun...@lists.re-wrenches.org] On Behalf Of Mark Byington Sent: Wednesday, September 09, 2009 7:33 AM To: RE-wrenches@lists.re-wrenches.org Subject: Re: [RE-wrenches] Federal Tax Credit Hmmm, that doesn’t look right; it says $1,500 maximum credit?? Mark Cobalt Power Systems, Inc. Here is the draft version of the new 2009 Form 5695 Federal Personal Tax Credit (Residential): _http://www.irs.gov/pub/irs-dft/f5695--dft.pdf_ (http://www.irs.gov/pub/irs-dft/f5695--dft.pdf) Pat Redgate Ameco Solar Can someone tell me what is the form # for the federal solar tax credit? thanks, jay
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