Cost of windows/doors/insulation

[Jesse]

Just curious, when someone brings in a receipt for products that qualify for the energy credits do you take the base price or do you include the sales tax as part of the cost?



I have been including the sales tax as part of the cost but I have a couple returns prepared by another that did not include the sales tax.

[AZ-Tax]

While on this topic

Client purchased energy efficient appliances Washer & Dryer for home. Pg 30-8 of tax libary mentions form 8909 but that ends up on the form 3800 Gen Bus Credit.... Does not look correct.

By the way, what proof do we need these are energy efficient vs regular?

[Jesse]

To the best of my knowledge the purchaser does not receive any credit, the manufacturer might, but not the consumer

[AZ-Tax]

Exterior Door, only cost of material

that is what I reading from form 5695. Installing the door cannot be included. Also, nothing on this form about washer and dryer applicance and what I found online kinda leans towards state rebates only.

[JG EA]

Just curious, when someone brings in a receipt for products that qualify for the energy credits do you take the base price or do you include the sales tax as part of the cost?



I have been including the sales tax as part of the cost but I have a couple returns prepared by another that did not include the sales tax.

Yes, sales taxes are part of the purchase price. The only exception would be if a state had sales taxes on installation and installation was not allowed on the credit.

[Jesse]

No installation, Menards specials - (I really like the Menards look-up by SKU) - in case anyone is not aware of it:

http://www.menards.com/main/energystarrebate.html

Thanks for the reassurance!