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Thread: Christmas lights tax deduction?

  1. #1
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    Default Christmas lights tax deduction?

    My state individual state income tax has a provision for a deduction for investments in energy saving expeditures. The form includes a description of expeditures which qualify due to their end result of limiting energy consumption. Interestingly, the instructions include a statement which makes DIYC type switching seem to qualify. Here is a quote from the form:

    What are some examples of a capital investment that I can make to a building that will qualify for the energy conservation credit?

    In order to qualify for this credit, your investment has to be made to the building itself. The following investments qualify for the energy conservation credit. This list is not intended to be an all inclusive list, but a guideline to assist you in determining if your investment qualifi es.
    € Caulking and weather stripping of an existing structure
    € Insulating exterior doors of an existing structure
    € Insulation in the fl oors, walls, ceilings and roofs of existing buildings
    € Installing a programmable thermostat
    € Replacing incandescent light fi xtures with light fi xtures of a more effi cient type, such as those with electronic ballast and compact or linear fl uorescent lamps
    Installing lighting controls with cut-off switches that permit the selective use of lights
    € The installation of devices that limit the fl ow of hot water from shower heads and lavatories
    € Insulation in the fl oors, walls, ceilings and roofs of a new building to the extent exceed the requirements of the 2003 International Energy Conservation Code (IECC) with amendments.
    € Insulation of pipes and ducts located in non-heated areas and of hot water heaters and tanks.

    Anyone think this "qualifies"?
    Last edited by Virtus; 08-29-2010 at 11:24 PM.

  2. #2
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    Default Re: Christmas lights tax deduction?

    now THAT could be an interesting debate!


    . . . methinks the IRS may disagree though . . . ;)
    [url]http://www.christmasalabama.com[/url]

  3. #3
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    Default Re: Christmas lights tax deduction?

    It says:

    "In order to qualify for this credit, your investment has to be made to the building itself."

    Because Christmas Lighting is by definition a seasonal, temporary installation (ever read the box where it says only for use 90 days of the year? ), I would think no tax credits.

    -Matt

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    Default Re: Christmas lights tax deduction?

    Quote Originally Posted by Virtus View Post
    Installing lighting controls with cut-off switches that permit the selective use of lights

    Anyone think this "qualifies"?

    Only if you have a permit to install your christmas lighting approved by the city. LOL
    [url]http://www.vixenlights.com/download/vixen_2(2)/banners/vixensig256.gif[/url]
    [url=http://sawmillchristmas.com]sawmillchristmas.com[/url]

  5. #5
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    Default Re: Christmas lights tax deduction?

    I would have to think as long as the lighting controller was permanatly installed it would be an investment made to the buiding. It might need to be hardwired but I doubt it, just the case attached in a non-temporary manner. Of course do ya wanna look the tax man in the eye as you explain during an audit?

    Buzz

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    Default Re: Christmas lights tax deduction?

    Go for it, but act fast, you may get a IRS cell next to Wesley Snipes! LOL
    [url]www.diylightanimation.com[/url]

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    Default Re: Christmas lights tax deduction?

    What is the worst that could happen...as long as I get Vixen remote execution accessibility from the prison computer lab I think the lights would still blink.

  8. #8
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    Default Re: Christmas lights tax deduction?

    Quote Originally Posted by Virtus View Post
    What is the worst that could happen...as long as I get Vixen remote execution accessibility from the prison computer lab I think the lights would still blink.
    Sorry, wrong. No computer lab in Federal prison.

  9. #9
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    Default Re: Christmas lights tax deduction?

    Quote Originally Posted by blurp View Post
    Sorry, wrong. No computer lab in Federal prison.
    And you would know that exactly how.............LOL

  10. #10
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    Default Re: Christmas lights tax deduction?

    Quote Originally Posted by rstehle View Post
    And you would know that exactly how.............LOL
    I just do. That's all you need to know.

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