Energy Doctor

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  • JenMO
    Senior Member
    • Apr 2007
    • 974

    #1

    Energy Doctor

    Energy Doctor is selling electrical devices to help save electricity. They say is qualifies for 10%, $1500 max. I can't find on form 5695. am I overlooking? don't know what I'm looking for? how do we get the credit?
  • Gretel
    Senior Member
    • Jun 2005
    • 4008

    #2
    I don't think you overlook anything, incredible what people come up with. First of all the limit of $1,500 is not available any longer for 2011. Can they produce a "Manufacturer's Certificate"?

    Comment

    • JenMO
      Senior Member
      • Apr 2007
      • 974

      #3
      The company sent a letter stating Form 5695 and in the letter stated the 10%. Maybe the certificate when they rec'd the product. But if not available, no certificate needed? It was purchased for farm business, and in last part of 2011, so 100% special allow, anyway.

      Comment

      • Gretel
        Senior Member
        • Jun 2005
        • 4008

        #4
        What do you think how the IRS would answer that question?

        I cannot imagine that this deal qualifies no matter what the letter says. Client needs to contact seller and/or go find the certificate online.

        Comment

        • JenMO
          Senior Member
          • Apr 2007
          • 974

          #5
          I've gone online and can't seem to find much about the unit or the company. What I meant, that if that particular credit isn't allowed anymore, there is no need to look for a manufacturer's certificate. Sorry, it didn't come out right.

          Comment

          • Lion
            Senior Member
            • Jun 2005
            • 4699

            #6
            EnergyStar.org

            EnergyStar.org

            Comment

            • Gary2
              Senior Member
              • Aug 2010
              • 2066

              #7
              The phrase "electrical devices to help save electricity" isn't very specific. Find out what the device is. It could be anything from a fuel cell (likely to qualify) to a lightbulb insert that reduces the wattage (no way).

              Comment

              • snowshine
                Senior Member
                • Feb 2009
                • 122

                #8
                Looking at them online, it looks to be a thermal scan of the home/business and then various insulation and heat trap stuff. The insulation qualifies as does the attic recirculation fan, the light bulbs and inserts no so much.

                Comment

                • Gary2
                  Senior Member
                  • Aug 2010
                  • 2066

                  #9
                  Originally posted by snowshine
                  Looking at them online, it looks to be a thermal scan of the home/business and then various insulation and heat trap stuff. The insulation qualifies as does the attic recirculation fan, the light bulbs and inserts no so much.
                  I found multiple hits for "Energy Doctor", so I'm not making any assumptions about which one is the one in this case. Since trademarks can be local, there can be many businesses with the same name. It's entirely possible that the "Energy Doctor" in this case doesn't show up on the web at all.

                  Comment

                  • JenMO
                    Senior Member
                    • Apr 2007
                    • 974

                    #10
                    The letter the business sent had "Powermaxx" highlighted for my client and 10% credit $1500 limit. They had several products and I assume they sent the same letter and just marked what was purchased. But I have googled that too and can't find it.

                    Comment

                    • ChEAr$
                      Senior Member
                      • Dec 2005
                      • 3872

                      #11
                      Originally posted by JenMO
                      The letter the business sent had "Powermaxx" highlighted for my client and 10% credit $1500 limit. They had several products and I assume they sent the same letter and just marked what was purchased. But I have googled that too and can't find it.
                      form 5695 pertains to residential (read personal residence) credits for individuals.
                      You said up there somewhere this energy saver thingamabob was purchased for business use. There's your deduction, and residential energy credit don't apply.
                      ChEAr$,
                      Harlan Lunsford, EA n LA

                      Comment

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