LiftMaster LA400UL Solar Tax Credit Letter

The federal government is offering financial incentives to homeowners for the use of solar powered

systems at their home. Homeowners are able to apply for a federal tax credit equal to 30% off the

installed cost of their

LiftMaster® Solar Powered Gate Operator System.

What is Covered: This solar system tax credit applies to the total installed cost of the solar gate

operator system. This includes the related solar panel, opener, access control device, remote controls,

entrapment

protection device(s), etc.

What is Not Covered: The cost of the gate itself, or work required to place the physical gate into proper

working order (leveling the gate, replacing hinges, etc.)

Qualifications:



The installation of a Solar Gate System can qualify for a 30% tax credit on the installed system

cost.



Effective for tax years beginning after December 31, 2008 through December 31, 2021.



The credit for solar electric property and solar water heating property, however, is available for

property placed in service through Dec. 31, 2021, based on an applicable percentage.



The applicable percentages are:

o

In the case of property placed in service after Dec. 31, 2016, and before Jan. 1, 2020, 30

percent.

o

In the case of property placed in service after Dec. 31, 2019, and before Jan. 1, 2021, 26

percent.

o

In the case of property placed in service after Dec. 31, 2020, and before Jan. 1, 2022, 22

percent.



You will need to use the federal tax credit form 5695, Residential Energy Efficiency Property

Credit.



You will need to provide a copy of the 11 Manufacturer 1 s Certification for Credit 11

(Page 2

Below).



The dwelling must be located in the United States and be used as a residence by the taxpayer.



This offer is only available in the United States.