What Systems Qualify for EPACT Tax Deductions?
Owners of new and existing buildings (placed in service before January 1, 2006) may earn a partial deduction of $0.60 per square foot per "system" for upgrading one or two major building Sub-systems. These deductions apply to new buildings placed in service after January 1, 2006, or retrofits performed on existing buildings during the sam time period.
||Partial Tax Deductions|
|Sample Improvement Size||Lighting||HVAC||Envelope||Full Tax Deduction|
|50,000 sf||$15K - $30K||$30K||$30K||$90K|