Qualifying Wood Stove Deduction (Idaho)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Qualifying Wood Stove Deduction|
|Incentive Type||Personal Deduction|
|Eligible Technologies||New natural gas or propane heating unit, pellet stove, or EPA-certified wood stove|
|Energy Category||Renewable Energy Incentive Programs|
|Amount||40% of cost of purchase and professional installation in first year, 20% for next 3 years|
|Maximum Incentive||5000 annual limit|
|Program Administrator||Idaho State Tax Commission|
The state of Idaho offers taxpayers who buy new wood stoves, pellet stoves, or natural gas or propane heating units for their residences a tax deduction to replace old, uncertified wood stoves. You may deduct the cost of a new natural gas or propane heating unit, pellet stove, or EPA-certified wood stove if:
- it is in your residence,
- it replaces an old wood stove that does not meet EPA requirements,
- the purchase and replacement occurs within the same year, and
- the old wood stove is dropped off at a Department of Environmental Quality (DEQ)-approved site within 30 days.
The deduction is up to 40% of the cost of purchase and professional installation in the year the wood stove is replaced. For the next three years the deduction is 20% of the total cost per year. The total annual deduction cannot exceed $5,000.
The tax deduction applies only to the replacement of uncertified wood stoves. A common hearth fireplace is not considered a wood stove. However, the tax deduction applies if an old fireplace insert is replaced with another that meets current EPA standards, or with a certified wood stove, pellet stove, a gas/propane appliance, or other eligible heating device.
You must receive proof via a receipt when you drop your old wood stove off at a DEQ-approved site to be eligible for the credit. The fire-brick lining must be removed before drop-off. For additional tax credit instructions please visit the DEQ woodstoves website.
Authorities (Please contact the if there are any file problems.)
|Authority 1:||IC 63-3022C|
|Contact Name||Public Information|
|Department||Idaho State Tax Commission|
|Address||PO Box 36|
|Phone 2||(800) 972-7660|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.