How to Claim Your 2016 Energy Tax Credits for Greening Your Home
You’ve no doubt heard that solar panels, insulation, and other energy-efficient upgrades can help curb your electric bills—but did you know these renovations can help save you money at tax time, too? That’s right, Uncle Sam likes to reward eco-conscious Americans by showering them with 2016 energy tax credits. So what are they, and how do they work?
Allow us to break it down. For starters, the green upgrades below all qualify as tax credits. Unlike tax deductions, which pare down your taxable income, tax...