New Tax Credit For Wood & Pellet Stoves
At Hansen & Sons we are dedicated to providing you with all the information that we have attained to help make your fireplace decision, one that you will look forward to and enjoy over the years to come. The most recent information that we have received from the HPBA is a new tax credit for modern wood and pellet stoves. From January 1st of 2021 until December 31st of 2023 when you purchase and have a wood or pellet stove installed from a qualified dealer that meets EPA 2020 guidelines you could qualify for tax credits! Please see the attached form for more information from HPBA with detailed guidelines.
Being a tax credit document unfortunately Hansen & Sons is not able to assist you with applying or filing. The tax form that you will need to have is the 5695 “Residential Energy Credits” we have attached a copy of this and the pdf of its instructions however if you are not able to complete we recommend contacting a tax preparation professional for assistance.