AFS Encapsulation System As A Deduction

Forum|Forum|3 years ago
February 8, 2023
3 replies
25 views

We purchased a AFS Foundation & Waterproofing system. Below is the description of the system. The system also allows the heat in our home not to escape through the floors. Can we use this as a deduction in the Energy-Saving Improvement section of TurboTax ?

Description

AFS Foundation & Waterproofing Specialists have been developing cutting-edge crawl space encapsulation products for more than 20 years. Our durable 120-mil thick vapor barrier, combined with AquaStop™
Thermal Insulation board, state-of-the-art sump pump systems, and high-capacity dehumidifiers ensure your crawl space will not only be dry and usable for storage but also greatly improves the indoor air quality throughout the entire home. Waterproofing professionals can help you to protect your home from dampness and damage by fully encapsulating your crawl space.

DMarkM1

Level 15

Possibly. According to the Government's Energy Star site (here😞

Typical bulk insulation products can qualify, such as batts, rolls, blow-in fibers, rigid boards, expanding spray, and pour-in-place.

Products that air seal (reduce air leaks) can also qualify, as long as they come with a Manufacturers Certification Statement, including:

Weather stripping
Spray foam in a can, designed to air seal
Caulk designed to air seal
House wrap

Additionally, you might also have or get a manufacturers certification statement for the "Thermal insulation board".

Manufacturer’s Certification Statement
is a signed statement from the manufacturer certifying that the product or component qualifies for the tax credit. The IRS encourages manufacturers to provide these Certifications on their website to facilitate identification of qualified products. Taxpayers must keep a copy of the certification statement for their records, but do not have to submit a copy with their tax return.

Keep in mind only the cost of materials can be used for the credit; no installation, assembly or preparation costs can be used.

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