Title: Income Tax Subtraction for Energy-Efficient Residences Personal Deduction in Arizona
Program Details:
The Income Tax Subtraction for Energy-Efficient Residences Personal Deduction is a tax credit you can receive if you sell an energy efficient town home (exceed the 1995 Model Energy Code Threshold by at least 50%), condo or single family residence. The credit is 5% of the sales price excluding interest, commissions, taxes, other brokerage, finance points, and escrow charges with a maximum amount of $5,000. For more details visit the following links:
http://www.azcommerce.com/Energy/Energy-Related+Incentives.htm
http://www.azleg.state.az.us/FormatDocument.asp?inDoc=/ars/43/01031.htm&Title=43&DocType=ARS
http://www.azdor.gov/Forms/Individual.aspx
Contact for more information:
Tax Assistance
Arizona Department of Revenue
1600 W. Monroe
Phoenix, AZ 85007-2650
Phone: (602) 255-3381
Phone 2: (800) 352-4090
Web Site: http://www.revenue.state.az.us/
