Tax Write Off on Stoves?

A Coal stoker furnace or stove controls most operations including automatically feeding the coal. They are quite similar to any conventional oil and gas units and easily operated for extended periods of time. They commonly use rice coal but may use larger sizes like buckwheat. They can be used as primary heat, supplementary heat or have a dual set up with your existing oil/gas furnace.
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av8r
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Hot Air Coal Stoker Furnace: Leisure Line Hearth with twin turbos (sounds like it)
Stove/Furnace Make: Leisure Line
Stove/Furnace Model: Hearth model with twin turbos
Location: Near Owego, NY

Post Fri. Jan. 18, 2008 11:18 am

A friend said that his tax guy told him he can write off some/all of the coal stove costs. Anyone know anything about this?
"Fools you are. To say you learn by your experience. I prefer to profit by others' mistakes and avoid the price of my own."

- Otto von Bismarck


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WNY
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Hot Air Coal Stoker Stove: Keystoker 90K, Leisure Line Hyfire I
Coal Size/Type: Rice
Stove/Furnace Make: Keystoker, LL & CoalTrol
Stove/Furnace Model: 90K, Hyfire I, VF3000 Soon
Location: Cuba, NY
Contact:

Post Fri. Jan. 18, 2008 11:20 am

Probably if professionally installed as a heating system and/or energy star compliant or something. ??
- Dave
Hyfire I & Keystoker 90K heating an 1890 Victorian
- Amsoil Authorized T1 Certified Dealer

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Richard S.
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Stoker Coal Boiler: Van Wert VA1200
Coal Size/Type: Buckwheat/Anthracite
Location: NEPA

Post Fri. Jan. 18, 2008 11:31 am

I did a quick searc but couldn't find it, this was brought up before and if I remember correctly they were interpreting the law incorrectly.
"The difference between stupidity and genius is that genius has its limits."

- Albert Einstein

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Devil505
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Stove/Furnace Make: Harman
Stove/Furnace Model: TLC-2000
Location: SE Massachusetts

Post Fri. Jan. 18, 2008 11:32 am

av8r wrote:A friend said that his tax guy told him he can write off some/all of the coal stove costs. Anyone know anything about this?
If this administration (& Congress for that matter) were really not in the pocket of "Big Oil" than what better incentive for us alternative fuel home heaters than a tax break for our stoves, coal, wood, pellets, etc. They don't really want us to cut oil use. That much is obvious!
War is a game that is played with a smile. If you can't smile, grin. If you can't grin, keep out of the way till you can.
Winston Churchill
Shaking & Poking The TLC2000 Video

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WNY
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Posts: 5849
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Hot Air Coal Stoker Stove: Keystoker 90K, Leisure Line Hyfire I
Coal Size/Type: Rice
Stove/Furnace Make: Keystoker, LL & CoalTrol
Stove/Furnace Model: 90K, Hyfire I, VF3000 Soon
Location: Cuba, NY
Contact:

Post Fri. Jan. 18, 2008 11:34 am

Here is some info...I think most have to do with Engery Star stuff...

http://www.irs.gov/pub/irs-pdf/f5695.pdf
- Dave
Hyfire I & Keystoker 90K heating an 1890 Victorian
- Amsoil Authorized T1 Certified Dealer

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coalkirk
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Stoker Coal Boiler: 1981 EFM DF520
Coal Size/Type: anthracite/rice coal
Location: Forest Hill MD

Post Fri. Jan. 18, 2008 11:41 am

Devil5052 wrote:
av8r wrote:A friend said that his tax guy told him he can write off some/all of the coal stove costs. Anyone know anything about this?
If this administration (& Congress for that matter) were really not in the pocket of "Big Oil" than what better incentive for us alternative fuel home heaters than a tax break for our stoves, coal, wood, pellets, etc. They don't really want us to cut oil use. That much is obvious!
Can you imagine the uproar from the left if the Bush admininstration gave a tax break to people using global warming causing coal stoves???????? And yes, the tax guy is wrong. It's only for specific products which are deemed energy saving, green and not polluting.
You have enemies? Good. That means you've stood up for something, sometime in your life. Winston Churchill

"I would rather have a German division in front of me than a French one behind me." —General George S. Patton

Burning rice coal in a 1981 EFM DF520, nut coal in a hand fired Jotul 507.

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av8r
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Joined: Thu. Dec. 06, 2007 12:07 pm
Hot Air Coal Stoker Furnace: Leisure Line Hearth with twin turbos (sounds like it)
Stove/Furnace Make: Leisure Line
Stove/Furnace Model: Hearth model with twin turbos
Location: Near Owego, NY

Post Fri. Jan. 18, 2008 11:45 am

This may be a state tax thing. NY has quite a few alternative fuel initiatives available and many are lucrative for the end user.
"Fools you are. To say you learn by your experience. I prefer to profit by others' mistakes and avoid the price of my own."

- Otto von Bismarck

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Yanche
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Stoker Coal Boiler: Alternate Heating Systems S-130
Coal Size/Type: Anthracite Pea
Location: Sykesville, Maryland

Post Fri. Jan. 18, 2008 12:09 pm

No way for solid fuel stoves.

From the IRS instruction sheet Form 5695:

Begin quote,
Qualified residential energy property is any of the following:

Certain electric heat pump water heaters; electric heat pumps; geothermal heat pumps; central air conditioners; and natural gas, propane, or oil water heaters.

Qualified natural gas, propane, or oil furnaces or hot water boilers.

Certain advanced main air circulating fans used in natural gas, propane, or oil furnaces.
End quote
Yanche
Alternate Heating Systems S-130
Stoker Boiler burning Anthracite Pea Coal


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jpen1
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Stoker Coal Boiler: LL110
Coal Size/Type: Rice/ Buck
Stove/Furnace Make: Leisure Line
Stove/Furnace Model: 110 Boiler
Location: Bloomsburg, PA

Post Fri. Jan. 18, 2008 1:55 pm

There was a deduction for switching to alternative green fuels like corn, wheat , barley, etc. but that window has closed and would only apply to something purchased on or before Dec. 31 2006. Coal doesn't apply I checked on that directly with the IRS when I bought the new stoker last year. Also note that probably less than 10% of the alternative fuel systems apply because it also needed to be energy star complient to qualify. However on a side note if you installed new energy star windows you qualify for a 10% rebate up to $200 on the price of windows themselves ( excludes labor and installation supplies).

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WNY
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Posts: 5849
Joined: Mon. Nov. 14, 2005 8:40 am
Hot Air Coal Stoker Stove: Keystoker 90K, Leisure Line Hyfire I
Coal Size/Type: Rice
Stove/Furnace Make: Keystoker, LL & CoalTrol
Stove/Furnace Model: 90K, Hyfire I, VF3000 Soon
Location: Cuba, NY
Contact:

Post Fri. Jan. 18, 2008 2:48 pm

Nice to know on the windows, I replaced 23 this past year!!! All energy star (low E/Argon). maybe I can get something! If I can't get it on the stoves.... :)
- Dave
Hyfire I & Keystoker 90K heating an 1890 Victorian
- Amsoil Authorized T1 Certified Dealer

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e.alleg
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Stove/Furnace Make: EFM
Stove/Furnace Model: 520
Location: western ny

Post Sat. Jan. 19, 2008 11:55 pm

It could be deducted as a business expense if you have a home business, for example if you use it for heating the home office ;)
Burning coal is definitely worth the extra work involved.
"Good enough" is not good enough.

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Devil505
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Location: SE Massachusetts

Post Sun. Jan. 20, 2008 8:24 am

jpen1 wrote:There was a deduction for switching to alternative green fuels like corn, wheat , barley, etc. but that window has closed and would only apply to something purchased on or before Dec. 31 2006. Coal doesn't apply I checked on that directly with the IRS when I bought the new stoker last year. Also note that probably less than 10% of the alternative fuel systems apply because it also needed to be energy star complient to qualify. However on a side note if you installed new energy star windows you qualify for a 10% rebate up to $200 on the price of windows themselves ( excludes labor and installation supplies).
"Also note that probably less than 10% of the alternative fuel systems apply because it also needed to be energy star complient to qualify. "

Why do you suppose that deduction was made so limitted? (You don't suppose it was so lip service could be paid to switching to alternative fuels but that in reality very little incentive would be provided) Hmmm...Did big oil actually draft these tax laws from their offices down the hall in the Whie House??
Last edited by Devil505 on Sun. Jan. 20, 2008 9:10 am, edited 1 time in total.
War is a game that is played with a smile. If you can't smile, grin. If you can't grin, keep out of the way till you can.
Winston Churchill
Shaking & Poking The TLC2000 Video

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coalkirk
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Stoker Coal Boiler: 1981 EFM DF520
Coal Size/Type: anthracite/rice coal
Location: Forest Hill MD

Post Sun. Jan. 20, 2008 9:09 am

No, it's not a BIG OIL conspiracy. It's due to having to satisfy all the demands of the environmental wackos. They are even opposed to the wind turbine generators because some stupid birds might fly into the blades and be killed. I call that natural selection or survival of the smarter species. There is a sizable group of these people whose goal it is to ban the burning of solid fuel. Right now they are focusing on wood burners because there are so many more of them but they'll get around to us coal burners sooner or later.
You have enemies? Good. That means you've stood up for something, sometime in your life. Winston Churchill

"I would rather have a German division in front of me than a French one behind me." —General George S. Patton

Burning rice coal in a 1981 EFM DF520, nut coal in a hand fired Jotul 507.

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Devil505
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Joined: Tue. Jul. 03, 2007 10:44 pm
Stove/Furnace Make: Harman
Stove/Furnace Model: TLC-2000
Location: SE Massachusetts

Post Sun. Jan. 20, 2008 9:27 am

coalkirk wrote:No, it's not a BIG OIL conspiracy. It's due to having to satisfy all the demands of the environmental wackos. They are even opposed to the wind turbine generators because some stupid birds might fly into the blades and be killed. I call that natural selection or survival of the smarter species. There is a sizable group of these people whose goal it is to ban the burning of solid fuel. Right now they are focusing on wood burners because there are so many more of them but they'll get around to us coal burners sooner or later.
Good morning coalkirk.....I see it slightly differently than you. (shocking eh?) I think Big Oil is more likely to be behind this for the following reasons:

1. They are a much bigger & more powerful special interest than the environmentalists & thus influence legislation much more aggressively. (Hell......they wrote this country's energy policy....Just get Cheney's secret files which are under subpeana)
2. Big Oil stands to lose alot more if oil use really declines in this country.
3. I don't remember either Bush or Cheney being the children of rich environmentalist families. (Seems to me the Bush family made its vast fortune in something else.........hmmmm.....was it maple syrup.....I forget??)
War is a game that is played with a smile. If you can't smile, grin. If you can't grin, keep out of the way till you can.
Winston Churchill
Shaking & Poking The TLC2000 Video

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Matthaus
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Stoker Coal Boiler: Leisure Line WL110 Dual Fuel, natural gas
Hot Air Coal Stoker Stove: Leisure Line Lil' Heater (rental house)
Coal Size/Type: Rice and Buckwheat Anthracite
Location: Wilkes Barre, PA

Post Sun. Jan. 20, 2008 9:44 am

Hold your ears folks.... it's show time! :!: bop2

Now play nice fellas. :)
Matthaus
Leisure Line Stove Company
http://www.leisurelinestoves.com/


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