SOLAR TAX CREDIT INFORMATION
Amazing Gates certifies
that all Polaris Gate Openers listed here qualify for a credit allowance
of 30 percent - as authorized by the Internal Revenue Code Section 25D under the definition provided
in
paragraph d.2.
For POLARIS gate openers, see the rebate information at the Polaris gate opener website.
Such qualification is conditional to:
1) The solar panel must provide the only
source of energy for the Polaris
gate opener.
2) The Polaris gate opener and the solar panel must be used in a residence
located in the United States.
3) The place of installation must be residence of the taxpayer.
Fill out IRS Form 5965 for the tax rebate.
Please consult
a tax professional for details regarding this tax rebate and for application to your 2009 or 2010
taxes. Appication for multi-residence may be available: check with your
tax professional.
As stated on www.energy.gov:
RESIDENTIAL RENEWABLE ENERGY TAX CREDITS
Consumers who install solar energy systems (including solar water heating and solar electric systems), small wind systems, geothermal heat pumps, and residential fuel cell and microturbine systems can receive a 30% tax credit for systems placed in service before December 31, 2016; the previous tax credit cap no longer applies.
Qualifying Products include:
Polaris 500/502 with a 20w Solar Panel
Kit
Polaris 700/702 with a 20w Solar Panel Kit
For questions about applying this rebate to your taxes, please consult a tax
professional. The provisions for this rebate may be viewed here:
www.taxalmanac.org/index.php/Sec._25D
|
