- 2023 – 2032 USA New Biomass Stove 25(C) 30% Tax Credit (capped at $2000)
2022 – 2032 Biomass Stove 25(C) Tax Credit
Tax Credit section and date:
The new US tax credit under Sec. 25(C) of the U.S. Internal Revenue Code (“IRC” or “tax code”) valid from January 1, 2023 to December 31st. 2032.
The new tax credit applies to the purchase of all qualifying biomass-fueled heaters on installations completed prior to December 31, 2032. Qualifying products include 2020 EPA certified wood stoves or inserts with a listed efficiency of 75% or better.
Products may be claimed on the tax return year in which the purchase and installation is completed.
The new tax credit is 30% of the purchase and installation costs, including labor, for tax years 2023 and 2032 (capped at $2000).
Note: Please consult your Tax Advisor, prior to purchase, to confirm your eligibility for this tax credit.
- King KE40
- Princess PE32
- Sirocco SC30.2
- Sirocco 20.2
- Ashford 30.2
- Ashford 20.2
- Chinook 30.2
- Chinook 20.2
- Boxer 24
- Princess PI29
- Ashford AF25
- Sirocco 25