TAX CREDIT FOR WOOD FURNACES The American Recovery and Reinvestment Tax Act of 2009 was signed into Law on February 17, 2009. This economic stimulus package provides for a 30% Tax Credit (up to $1500) for purchasing and placing into service a bio-mass burning heating appliance with a thermal efficiency rating of at least 75% as measured using a lower heating value. DETAIL OF THE TAX CREDIT The tax credit is 30% of the amount paid for the qualifying product up to $1500 combined for both 2009 and 2010. The item is installed in or on a dwelling unit located in the U.S. and, at the time of installation, the dwelling unit is owned and used by the taxpayer as the taxpayer's principal residence. The credit is allowed for amounts paid by the taxpayer during the taxable year. HOW TO QUALIFY Purchase and place into service a qualifying Yukon-Eagle multi fuel or wood furnace between January 1, 2009 and December 31, 2010. Save the Sales Receipt and the Manufacturer's Certification Statement for the furnace purchased. Claim the tax credit associated with your qualifying purchase on your federal filing for the 2009 and/or 2010 tax year. The IRS has provided guidance for the tax credit. Be sure to read the entire guidance, IRS Notice 2009-53, Non-Business Energy Property, which can be found at www.irs.gov/pub/irs-drop/n-09-53.pdf This information is provided as a convenience and may not be relied upon as a substitute for professional tax advice. Alpha American Company is not a tax advisor. Taxpayers claiming a tax credit should consult a tax professional with any questions. Alpha American Company is not responsible or liable for the taxpayer's ability to receive tax credits.