2021 Federal Tax Credit Information
How do I get my tax credit?
To get your tax credit, you must purchase and put an eligible American water heater into service in your primary residence between January 1, 2020 and December 31, 2020. Save your receipt and use IRS Tax Form 5695 to claim your credit on your tax return.
2012-2021 Eligible Models
American Water Heater Company certifies the following information related to tax credits provided under the Taxpayer Certainty and Disaster Tax Relief Act of 2019.
Each American water heater model listed is a natural gas, propane, or oil water heater that has a Uniform Energy Factor of at least 0.82 or has a thermal efficiency of at least 90%. Accordingly, each is Qualified Energy Property and, when placed into service on or after January 1, 2017 and on or before December 31, 2021, each qualifies for the $300 tax credit allowed under Section 25C of the Internal Revenue Code. If you have claimed previous tax credits in excess of $500, you cannot claim any credit for improvements installed in 2017 or after.
Download a 2021 MANUFACTURER’S CERTIFICATION STATEMENT
Qualifying Models:
High Efficiency Residential Condensing Gas
High Efficiency Commercial Condensing Gas
Qualifying Tankless Models
Each American water heater model listed below is an electric heat pump model that achieves a minimum of 2.0 EF. Accordingly, each is Qualified Energy Property and, when placed into service on or after January 1, 2013 and on or before December 31, 2014, each qualifies for the tax credit allowed under Section 25C of the Internal Revenue Code of 30% (up to $300, subject to limitations set forth in Section 25C) of the purchase and installation (labor only) cost. If you have claimed previous tax credits in excess of $500, you cannot claim any credit for improvements in 2014.
Hybrid Electric Heat Pump Water
Each American water heater model listed below is a solar thermal model that achieves a minimum solar contribution of 50%. Accordingly, each is Qualified Energy Property and, when placed into service on or after January 1, 2014 and on or before December 31, 2016, each qualifies for the tax credit allowed under Section 25D of the Internal Revenue Code of 30% of the purchase and installation (labor only) cost (no cap).
Solar Electric Water Heating System
We recommend that purchasers consult a tax professional regarding their tax situation and eligibility for this tax credit. A taxpayer claiming credit for Qualified Energy Property should retain a copy of this Manufacturer’s Certification as part of the taxpayer’s records, along with the receipt of purchase.
Download a 2016 MANUFACTURER’S CERTIFICATION STATEMENT
