Eligible expenses for The Home Renovation Tax Credit

by Guest7424  |  9 years, 5 month(s) ago

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Eligible expenses for The Home Renovation Tax Credit:

Examples of eligible expenses

    * Renovating a kitchen, bathroom, or basement
    * Windows and doors
    * New carpet or hardwood floors
    * New furnace, boiler, woodstove, fireplace, water softener, water heater, or oil tank
    * Permanent Home ventilation systems
    * Central air conditioner
    * Permanent reverse osmosis systems
    * Septic systems
    * Wells
    * Electrical wiring in the home (e.g., changing from 100 amp to 200 amp service)
    * Home Security System (monthly fees do not qualify)
    * Solar panels and solar panel trackers
    * Painting the interior or exterior of a house
    * Building an addition, garage, deck, garden/storage shed, or fence
    * Re-shingling a roof
    * A new driveway or resurfacing a driveway
    * Exterior shutters and awnings
    * Permanent swimming pools (in ground and above ground)
    * Permanent hot tub and installation costs
    * Pool liners
    * Solar heaters and heat pumps for pools (does not include solar blankets)
    * Landscaping: new sod, perennial shrubs and flowers, trees, large rocks, permanent garden lighting, permanent water fountain, permanent ponds, large permanent garden ornaments.
    * Retaining wall
    * Associated costs such as installation, permits, professional services, equipment rentals, and incidental expenses
    * Fixtures - blinds, shades, shutters, lights, ceiling fans, etc.

Window coverings, such as blinds, shutters and shades, that are directly attached to the window frame and whose removal would alter the nature of the dwelling are generally considered to be fixtures (i.e., has become part of the home) and therefore would qualify for the HRTC. In some circumstances, draperies and curtains may qualify for the HRTC, if they would not keep their value or usefulness if installed in another dwelling. If these qualifying criteria are not met, it is likely that draperies and curtains would not qualify for the HRTC.

 Tags: credit, eligible, expenses, home, renovation, tax



  1. Guest2542
    would refinishing a hardwood floor count?

    My parents refinished original hardwood floors from 1912 rather than ripping them out and redoing.

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