Kathleen S. Turner, SRES®, SFR® - COMPLETE GUIDE TO THE HOMEBUYING PROCESS.pdf

self-employed are eligible for the deduction. There are other specific guidelines for taking advantage of this deduction, so check with your professional tax preparer before filing. • Home energy tax credits. The IRS rewards homeowners who make efforts to create eco-friendly homes. Unfortunately, a large amount of federal energy efficiency credits expired in 2016, but some programs are still available. This doesn’t mean you should give up on being eco-friendly: there are still many state and local tax credits, incentives, and rebates for upgrading your home’s energy efficiency. Disclaimer: The information contained in this book is provided for informational purchases only and is not intended to substitute for expert advice from professional tax/financial planners, attorneys, CPAs, accountants, or the Internal Revenue Service (IRS).

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