11 Lesser-Known Tax Deductions You Shouldn’t Miss This Year

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9. Energy-Saving Home Improvements

Those who upgrade their houses in a way their households become more energy-efficient are eligible for a tax credit that helps them slash their home improvement costs. Right now, you can easily get a 30 percent tax credit for a solar electric system and a solar water heater.

Along with the big chunk of money saved on your tax bill, you can be proud of yourself for helping the environment.

Note: The IRS recommends having the written certification from the solar panels manufacturer (let’s say) that mentions the product’s qualification for this type of tax credit.

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