Wood Stove FAQ's Technical Specifications Warranty Information Tax Credit Information

• MHSC's Certificate of Eligibility
• IRS Guidelines on Tax Credit

Vermont Castings^TM has been known for years as the gold standard in wood stoves. No other manufacturer competes with our tradition of beauty, quality and efficiency. Built proud and strong at our foundry in Vermont, our VC and Dutchwest cast and steel wood stoves are part of the American heritage. Now you can get that time honored tradition and save money too!

Recent economic stimulus legislation has included a 30% (up to $1500) consumer tax credit on the purchase of a 75% efficient
biomass burning stove. This legislation takes effect immediately and, though the qualifying guidelines were just released this week, is retroactive to any eligible stove purchased since January 1, 2009. The credit is available through 2010. Tax payers should keep in mind that this is a credit, not a deduction, on their income tax returns. Therefore the entire eligible amount is credited to your tax bill.

• Defiant 1610 cast iron non-catalytic wood burning stove
• Encore 1450 cast iron non-catalytic wood burning stove

A manufacturer’s certificate of eligibility for the above items is available for download from mhsc.com and vermontcastings.com. You should retain a copy of this certificate however, it is not necessary to include with your tax return. For more information on the credit and how it applies to you, please see your tax advisor.

MHSC is proud to support the use of renewable energy resources and to enable consumers to maintain ideal comfort in their homes while reaping the economic and environmental benefits of conservation. All of the qualifying units are proudly made in the USA and MHSC is proud to help our fellow Americans weather the economic storm by putting them to work and saving them money at tax time. This is a winning proposition for all.

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.

What conditions must be met to receive a tax deduction?

You can 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
√  The old wood stove is dropped off at a DEQ-approved site within 30 days.

How much is the tax deduction?

You can deduct 40% of the cost of purchase and professional installation in the year the wood stove is replaced. Thereafter, you may deduct 20% of the cost of purchase and professional installation per year for the next three years. The total annual deduction cannot exceed $5,000.

How do I receive and show proof of disposal at a DEQ-approved site?

You receive proof via a receipt when you drop your old wood stove off at a DEQ-approved site. (The fire-brick lining must be removed before drop-off.) Notify the drop-off site attendant that you are participating in the tax-deduction program and ask for a DEQ receipt. Fill out pertinent information and have the attendant sign the completed form. Your copy of the tax receipt should be kept with your tax records. Send the remaining top copy to:

Idaho Department of Environmental Quality
Air Quality Division
Wood Smoke Program
1410 N. Hilton
Boise, ID 83706

Are fireplaces included?

No, the tax deduction applies only to the replacement of uncertified wood stoves. A common hearth fireplace is not considered a wood stove. Fireplace inserts may be considered wood stoves, however. Therefore, the tax deduction applies if an old fireplace insert is replaced with another that meets current EPA standards. The deduction also applies if a fireplace insert is removed and replaced with a certified wood stove, pellet stove, a gas/propane appliance, or other eligible heating device.

Why does DEQ approve drop-off locations?

Idaho law requires DEQ to verify that old wood stoves are not reused. DEQ helps prevent the reuse of old wood stoves by managing the drop-off sites. Operators of DEQ-approved drop-off sites must agree to destroy the old wood stoves they collect. Destroyed stoves are typically recycled for scrap.

Approved wood stove drop-off sites