Special to the Democrat
DALLAS — The Internal Revenue Service reminded taxpayers recently that tax credits are still available to make homes more energy efficient. You can make energy-conscious purchases that will provide tax benefits when filling out returns next year. The law covering tax years 2006 and 2007 provides for these credits when you purchase and install certain items.
The maximum credit for both taxable years is $500, no more than $200 of the credit can be attributable to expenses for windows. These items must have been placed in service after Dec. 31, 2005, but before Jan. 1, 2008.
“With cold weather on the way, folks may be thinking about adding insulation or maybe a new heating system to their home, so, it’s well worth the time to take a look at Form 5696, Residential Energy Credits, available online at IRS.gov,” said Dallas-based IRS spokesman Clay Sanford.
A tax law change, Energy Policy Act of 2005, provided a tax credit to improve the energy efficiency of existing homes. To qualify, improvements must be installed in or on the taxpayer’s principal residence in the United States.
The following items may be eligible:
n Insulation systems that reduce heat loss/gain.
n Exterior windows (including skylights).
n Exterior doors.
n Metal roofs (meeting applicable requirements).
In addition, the law provides a credit for costs relating to residential energy property expenses. The following items may be eligible:
n $50 for each advanced main air circulating fan.
n $150 for each qualified natural gas, propane, or oil furnace or hot water heater.
n $300 for each item of qualified energy efficient air conditioning or heating equipment.
For more information, go to the IRS.gov Web site and access Form 5696, Residential Energy Credits.
Special to the Democrat
Sharlows welcome daughter, Sadie
Marc and Julie Sharlow, of Aledo, are pleased to announce the arrival of their daughter, Sadie, who was born June 5, 2014, at Harris Methodist Southwest.
MILITARY NEWS: Sterling graduates basic
U.S. Army Pvt. Zachary A. Sterling has graduated from basic infantry training at Fort Benning, Columbus, Georgia.
Dukeman and Damerau unite in marriage
Lois Michelle Dukeman and Collyn Layne Damerau joined together in marriage on June 14, 2014, in front of family and friends at MD Resorts in Aurora, Texas. Rejoicing with the couple were the bride’s parents, Roger and Brenda Dukeman; brother, James Dukeman; and grandmother, Lois Davenport. Also celebrating the couple were the parents of the groom, Dale and Robbin Damerau; sister, Courtney Damerau; brother, Cayden Damerau; and grandparents, Larry and Joyce Damerau, Lorrine Damerau and Robert and Alice Courtney.
- Hudson, Elswick to unite in marriage
Parker County Peach Food Contest winners
Several home cooks were crowned during Saturday’s Peach Food Contest, an outlet of the 30th Annual Parker County Peach Festival.
New pastor named to First United Methodist Weatherford
Rev. Stephen Schmidt has been named as senior pastor of First United Methodist Church, Weatherford. He previously served for 12 years at Grace United Methodist Church in Copperas Cove. In all, Rev. Schmidt has spent over 30 years as a Methodist minister.
FUMC honors retiring Rev. Glenn Jones
Glenn Jones, Senior Pastor of First United Methodist Church in Weatherford, has retired after serving the church for nine years. Rev. Jones received his call to serve 50 years ago and has served about 16 churches during his tenure.
Earls named state pageant finalist
Marlysia Earls is a Texas state finalist in the Junior Teen Division of the National American Miss Pageant to be held July 13 and 14 in Addison. If chosen, she will compete in the national competition held in Anaheim, California, in November. Marlysia will be starting her junior year at Weatherford High School in the fall.
Powell graduates basic training
Air Force Airman Ryan R. Powell graduated from basic military training at Joint Base San Antonio-Lackland, San Antonio, Texas.
Weatherford Art Association June meeting
Local artist James Spurlock demonstrated to a packed house at the June Weatherford Art Association meeting last Monday. Spurlock demonstrated working with water mixable oils and completed a painting during the meeting.
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- Sharlows welcome daughter, Sadie