Updating your home with a new wood or pellet heater is a great way to add new charm to your property and combat the cold winters. Thanks to new legislation signed into law at the end of 2020, you can also get a big refund on your tax return!
Keep reading to learn more about the wood and pellet heater tax credit and how to qualify and apply for this huge credit on purchase/installation costs!
What is the Wood and Pellet Heater tax credit?
In December 2020, as part of the response to the COVID-19 pandemic, a relief plan was signed into law that included a new tax credit. This credit applies to wood and pellet heaters, such as stoves, that you may have installed in your home! At dr., we already know about the many benefits of wood and pellet stoves for your home, but this added incentive makes them even more economical to install!
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