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Important Notice — Energy Star Credit Has Reached Its Cap
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Important Notice — Energy Star Credit Has Reached Its Cap

by | Mar 3, 2011 | Accounting News, Uncategorized

The Indiana Department of Revenue announced today that as of March 1, 2011, claims toward the Energy Star Heating & Cooling Equipment Credit had reached the state’s $1 million limit, which the legislature assigned to cover claims toward this credit. Any claims received after the cap was reached will be denied.  

 

A denial of the claim will result in a manual adjustment to the taxpayer’s return. This could cause a slight delay in processing those returns. Those taxpayers’ whose claims have been denied will be notified in writing from the state revenue agency.

 

Tax year 2010 was the last year to claim the Energy Star Heating & Cooling Equipment Credit.

 

 

Thank you.

 

Stephanie McFarland, APR

Director, Public Relations

Indiana Department of Revenue

&

Public Information Officer

Indiana Department of Labor

317.234.3793 — office

 

www.ifile.in.gov

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