Going green is not just beneficial for the environment; it’s also a great way to boost your finances. Making energy-efficient upgrades to your home can not only reduce your energy bills but also offer some sizeable tax savings.
The Federal government wants to encourage citizens to go green, which is why they provide a range of energy tax credits.
To claim these tax credits, you’ll need to fill out Form 5695.
Here’s what you need to know about it.