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Residential Solar and Efficiency Tax Credit - Corporate (Massachusetts)
Incentive/Active false  +
Incentive/Amt 30%  +
Incentive/ApplDsc Commercial  +
Incentive/CarOvProv Unused credit carried over to next taxable year (credit may not exceed total tax due for any taxable year)  +
Incentive/ContAddr P.O. Box 701  +
Incentive/ContDept Massachusetts Department of Revenue  +
Incentive/ContName Tax Information  +
Incentive/ContPhone (800) 392-6089  +
Incentive/ContPlace Boston, Massachusetts  +
Incentive/ContWebsite http://www.dor.state.ma.us  +
Incentive/ContZip 02204  +
Incentive/EnergyCat Renewable Energy Incentive Programs  + , Energy Efficiency Incentive Programs  +
Incentive/ImplSector State/Territory  +
Incentive/MaxInc 600 for single-family homes; 1,000 for multi-family homes  +
Incentive/Name Residential Solar and Efficiency Tax Credit - Corporate  +
Incentive/ProgAdmin Massachusetts Department of Revenue  +
Incentive/Summary Massachusetts offers owners of residential …
Massachusetts offers owners of residential property a 30% tax credit for certain energy-efficient items '''''purchased on or after November 1, 2005, and before April 1, 2006'''''. The credit, which may be taken against the state's personal income tax or the state's corporate income tax, may not exceed $600 for a single-family dwelling or $1,000 for a multi-unit dwelling. Joint owners of a residential property must share any credit available in the same proportion as their ownership interest. Eligible items include (but are not limited to) home insulation; new window installations; advanced programmable thermostats; fuel-efficient furnaces, boilers, oil, gas, propane or electric heating systems; solar domestic hot water systems; materials for insulation or sealing of a duct, attic, basement, rim joint or wall; and pipe insulation for heating systems. The credit may be taken against state's personal income tax in taxable year 2005 or 2006, regardless of when the purchase or purchases were made. The amount of the credit may not exceed the total tax owed for the relevant taxable year. If the amount of the credit exceeds the total tax due for the taxable year in which the credit is taken, the extra amount may be carried over and applied to the next taxable year. The credit may be taken against the state's corporate income tax in the taxable year 2005 or 2006, in which any qualifying purchase was made. The amount of the credit may not exceed the total tax owed for the relevant taxable year. If the amount of the credit exceeds the total tax due for the fiscal year in which the credit is taken, the extra amount may be carried over and applied to the next taxable year.
over and applied to the next taxable year.  +
Incentive/TechDsc Equipment Insulation + , Furnaces + , Boilers + , Programmable Thermostats + , Duct/Air sealing + , Building Insulation + , Windows + , Solar Water Heat +
Incentive/TechDscOther Other Unspecified Technologies  +
Incentive/Type Corporate Tax Credit +
OpenEI/PageDescription Residential Solar and Efficiency Tax Credit - Corporate: energy incentive program.  +
OpenEI/PageKeyword Energy Incentives  + , Massachusetts  + , Corporate Tax Credit  + , Massachusetts Department of Revenue  +
Place Massachusetts: Energy Resources +
Website http://www.mass.gov/legis/laws/seslaw05/sl050140.htm  +
Categories Financial Incentive Programs , Incentive with Contacts
Modification date
"Modification date" is a predefined property that corresponds to the date of the last modification of a subject and is provided by Semantic MediaWiki.
05:13:53, 24 May 2011  +
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