Adding adequate insulation is one of the most cost-effective home improvements that you can do.
Tax Credit Amount: 10% of the cost, up to $500
Typical bulk insulation products can qualify, such as batts, rolls, blow-in fibers, rigid boards, expanding spray, and pour-in-place.
Products that air seal (reduce air leaks) can also qualify, as long as they come with a Manufacturers Certification Statement, including:
- Weather stripping
- Spray foam in a can, designed to air seal
- Caulk designed to air seal
- House wrap
Tax Credit does NOT include installation costs. But, you can install the insulation/home sealing yourself and get the credit.
UPDATED JANUARY 2021: The Non-Business Energy Property Tax Credits have been retroactively extended from 12/31/2017 through 12/31/2021
Tax Credit: 10% of cost up to $500 (NOT INCLUDING INSTALLATION)
Expires: December 31, 2021
Details: Must be an existing home & your principal residence. New construction and rentals do not apply.