Deduct Attic Insulation

You can claim 10 of the cost with a maximum limit of 500.

Deduct attic insulation.

Despite this it s easy to overlook the benefits of proper attic ventilation radiant barriers and energy efficient insulation. 10 of the cost up to 500 requirements typical bulk insulation products can qualify such as batts rolls blow in fibers rigid boards expanding spray and pour in place. Anything that reduces air loss weather stripping or caulk can also qualify if you possess a certification statement from the manufacturer. Open continue your return in turbotax.

Can i claim a deduction for improvements made to my existing home that add to energy efficiency. Standard bulk rolls of insulation spray foam type insulation and liquid to solid pour in place insulation count toward the credit. Several insulation and sealant products qualify for a tax credit. Over 90 percent of us homes are improperly insulated.

For example you can get a tax credit if you purchase insulation materials for your walls or attic. In the search box search for energy improvements. I have attached a turbotax faq with more information. Home insulation bulk insulation products may also qualify for a tax credit if they meet energy star standards.

Don t search for energy credit as this will take you to the wrong place in the program. Insulation this tax credit has expired adding adequate insulation is one of the most cost effective home improvements that you can do. If you re looking to improve your energy use check out these five different ways to make your attic more energy efficient. For insulation you can get a tax credit of 10 of the cost up to 500.

Unfortunately no you will not be able to deduct the costs for repairs.