Form 8908 - Energy Efficient Home Credit

Eligible contractors use Form 8908 to claim a credit for each qualified energy efficient home sold or leased to another person during the tax year for use as a residence. The credit ($2,000 or $1,000) is based on the energy saving requirements of the home. The credit is part of the general business credit.

Grant Deadline

2032-12-31

Funding Amount

$2,000

Type of Grant

Tax Credit

Sectors

Clean Energy, Clean Tech, Construction, Manufacturing

Demographics

Incorporation

For Profit

Perks

Region Restriction

This grant is restricted to whole of United States

Keywords

transforming, tax credit, energy, house, Enable participants, principal residence, qualified, safety measures, Media/Arts, Efficient Home, Home Sold, Another Person, Regulatory

Age Restriction

This grant is age restricted from 18 to 100

Eligibility and Requirements

Eligible contractors may claim the credit for new energy efficient homes that are acquired by sale or lease by an individual from that contractor during the tax year for use as a residence.

+A qualified new energy efficient home is a dwelling unit located in the United States, whose construction is substantially completed after August 8, 2005, and sold or leased to another person after 2005 but before 2022, for use as a residence +The home must be certified and meet certain energy saving requirements +Construction includes substantial reconstruction and rehabilitation

Grant Application website

https://www.irs.gov/instructions/i8908

Contact