The IRS Deductions Blog

Posts Tagged ‘tax deductible home improvements 2009’

Question: are home improvements tax deductible?

if so, does it apply to some or all, ie roof, windows, painting, etc.

Answer: For the US? No.

For 2010, certain energy efficient improvements can qualify for a small credit.

See Form 5695.

Items on Amazon Right Now for Tax Deductible Home Improvements:

5 Tax Moves to Make Now

No matter what happens in Congress, these tax moves could save you money.

Are Home Improvements Tax Deductible

Items on Amazon Right Now for Tax Deductible Home Improvements 2009:

Shaw Announces Third Quarter Financial and Operating Results

CALGARY, ALBERTA–(Marketwire – June 30, 2010) – Shaw Communications Inc. (TSX:SJR.B) (NYSE:SJR) announced results for the third quarter ended May 31, 2010. Consolidated service revenue for the quarter and year-to-date periods of $944 million and $2.78 billion, respectively, was up 10% over each of the comparable periods last year. Total service operating income before amortization(1) of $436 …

Credit Cards & Personal Loans : Are Home Improvement Loans Tax Deductible?

Question: Home improvements tax deductible?

I just put a new roof and new vinyl siding on my rental property. Is this tax deductible if I paid cash for it?

Answer: On residential rental property you capitalize these improvements and depreciate them over 27.5 years. Rental property (reported on Sch. E) doesn’t qualify for Sec. 179 election to expense.

Items on Amazon Right Now for Deductible Home Improvements:

Offering a hand to needy in Mexico

A Madison-based program awards grants to people who maintain a savings account.

Five Steps to Make Your Home More Hurricane Resistant