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http://turbotax.intuit.com Find out how you can earn wind power tax incentives with residential wind power. If you qualify, ...
the wind power tax credit may earn you substantial tax savings this year.
Tags:green energy credits,residential wind power,taxes 101,wind power tax credit,wind power tax incentives,5minturbotax,tax tips,Turbo Tax,turbo tax tips,turbo tax video,TurboTax,turbotax tips,turbotax video
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Hello, I'm Jeremy from TurboTax with important news on how you can qualify for the wind power tax credit this year. Have you ever driven down the highway and seen hundreds of large fan like structures spinning in the breeze? These wind turbines are generating electricity without polluting the environment. Smaller versions of these wind turbines are available that can generate electricity for your home. The Federal Government encourages you to purchase and install these wind turbines by giving you a tax credit to offset some of the expenses. The wind power tax credit covers 30% of the cost to purchase and install the turbines at your main home plus one other. If you plan on taking advantage of the credit, you must install the turbines by 2016. Because there is no maximum credits you can claim, your tax savings are likely to be substantial. However, because your tax reduction can be significant, be sure to keep every document that proves your cost. The last thing you want is to spend all that money and to lose the credit because you can't prove it to the IRS. Anyone who claims a credit must file form 5695. If your credit is larger than the amount of tax you owe, you can use the excess in the future tax year, but no later than 2016. For more tax tips and guidance, visit TurboTax.com.
Hola, soy Jeremy de TurboTax con importantes noticias acerca de cómo puedes calificar para créditos de impuestos para energía eólica este año. ¿Alguna vez has conducido por la carretera y has visto cientos de ventiladores grandes como estructuras que giran en la brisa? Estas turbinas eólicas generan electricidad sin contaminar el medio ambiente. Versiones más pequeñas de estas turbinas del viento están disponibles que pueden generar electricidad para tu hogar. El Gobierno Federal te estimula a comprar e instalar estas turbinas del viento dándote un crédito fiscal para compensar algunos de los gastos. El crédito fiscal por energía eólica cubre el 30% del costo para comprar e instalar los aerogeneradores en tu casa principal y otra más. Si planeas tomar ventaja del crédito, debes instalar las turbinas en 2016. Debido a que no hay número máximo de créditos que puedes reclamar, tus ahorros en impuestos es probable que sean sustanciales. Sin embargo, debido a que tu reducción de impuestos puede ser importante, asegúrate de tener todos los documentos que acrediten tu costo. La última cosa que quieres es gastar todo ese dinero y perder el crédito porque no puedes demostrarle al IRS (siglas en inglés de Servicio de Impuestos Internos). Cualquier persona que reclama un crédito debe presentar el formulario 5695. Si tu crédito es mayor que la cantidad de impuestos que debes, puedes usar el exceso en el año fiscal futuro, pero no más tarde de 2016. Para más consejos y guía de impuestos, visita TurboTax.com.