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Going Green? Top 4 Tax Breaks

TurboTax Staff

Many people are choosing a greener lifestyle because it’s good for the planet, but did you know it can be good for your taxes, too? Going green can help you reduce your overall tax bill, as long as you know what’s allowed and what you need to do to claim it. There are several ways to take advantage of green tax incentives, such as buying alternative vehicles, using Energy Star products, responsibly recycling your old electronics, and installing certain alternative energy equipment. But, some of these incentives won’t last forever. Here’s a look at four things you can do to help ease your tax burden, while at the same time becoming less taxing on the environment. Learn more