DEPARTMENT OF STATE REVENUE
Information Bulletin #105
Income Tax
December 2009
DISCLAIMER: Informational bulletins are intended to provide nontechnical assistance to the general public. Every attempt is made to provide information that is consistent with the appropriate statutes, rules, and court decisions. Any information that is not consistent with the law, regulations, or court decisions is not binding on either the Department or the taxpayer. Therefore, the information provided herein should serve only as a foundation for further investigation and study of the current law and procedures related to the subject matter covered herein.
SUBJECT: Income tax deduction for solar powered roof vents or fans
EFFECTIVE DATE: Upon Publication
Effective for taxable years beginning after Dec. 31, 2008, an income tax deduction is available for solar powered roof vents or fans.
A "solar powered roof vent or fan" means a roof vent or fan that is powered by solar energy and used to release heat from a building.
A resident individual taxpayer is entitled to a deduction from the taxpayer's adjusted gross income for a taxable year in which the taxpayer installs a solar powered roof vent or fan on a building owned or leased by the taxpayer. The amount of the deduction is the lesser of 50 percent of the amount the taxpayer pays for labor and materials for the installation of the solar powered roof vent or fan or $1,000.
The taxpayer must provide proof of the taxpayer's costs for installation of a solar powered roof vent or fan and a list of the persons or corporations that supplied labor or materials for the solar powered roof vent or fan.
John Eckart
Commissioner
Posted: 12/23/2009 by Legislative Services Agency
DIN: 20091223-IR-045090979NRA
Composed: May 08,2024 7:43:00AM EDT
A
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