Looking to Cut Your Taxes? Try Becoming More Energy Efficient
April 23rd, 2008 
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A tax credit is a credit that reduces the amount of taxes you must pay the Federal Government. It can save you substantial money because, unlike a deduction, a tax credit reduces the amount of income subject to taxation. For example, if you purchased a more efficient water heater (AFUE 95), and a solar heating system, you might be able to reduce your taxable income by as much as $2,150
What qualifies for a tax credit?