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Important Notice to USA Consumers VioFlame Fireplaces Qualify for Federal Tax Credits for Energy Efficiency. America's most affordable fireplace just became even more affordable! You can receive up to 10% or $300 in Tax Credits for the purchase of any VioFlame Fireplace. On February 17, 2009, President Obama signed into law a stimulus bill (The American Recovery and Reinvestment Act of 2009) that made significant changes to the Tax Credits available for purchase of Non-business Energy Property. The amendments to the Internal Revenue Code mean that consumers purchasing any VioFlame Fireplace are eligible for a tax credit of 10% (up to $300 of their purchase price). Qualification requires meeting various conditions as indicated below. VioFlame recommends that you consult your tax advisor for details specifically relating to your individual circumstances. .  |
Why Do VioFlame Fireplaces Qualify?One classification of Qualified Energy Property is defined in Internal Revenue Code Section 25C(d)(3)(E) as the following: a stove which uses the burning of biomass fuel to heat a dwelling unit located in the United States and used as a residence by the taxpayer, or to heat water for use in such a dwelling unit, and which has a thermal efficiency rating of at least 75 percent, as measured using a lower heating value Biomass fuel is detailed in Section 25C(d)(6) as: The term "biomass fuel" means any plant-derived fuel available on a renewable or recurring basis, including agricultural crops and trees, wood and wood waste and residues (including wood pellets), plants (including aquatic plants), grasses, residues, and fibers. All VioFlame Fireplace products burn Ethanol (Denatured Alcohol) which complies with the above definition of a "Biomass Fuel". All products from VioFlame Fireplaces have a minimum thermal efficiency of 90% which exceeds the requirements for energy efficiency detailed in the code.
 ConditionsThe VioFlame Fireplace must be first "placed in service" between: Jan 1, 2009 and Dec 31, 2010 The VioFlame Fireplace must be installed in a dwelling owned and used by the taxpayer as their principal residence in the United States of America The maximum Tax Credit for Non-business Energy Property is 10% (up to $300) For tax purposes, receipts of purchase must be saved along with a copy of the Manufacturer’s Certification Statement. Amounts incurred in 2009 will be claimed on your 2009 taxes (filed by April 15, 2010) - use IRS Tax Form 5695 (2009 version) - it will be available late 2009 or early 2010. The tax credit referred to is provided under the terms of Internal Revenue Code Section 25C(d)(3)(E) Frequently Asked QuestionsHow do I receive my tax credit?Amounts incurred in 2009 will be claimed on your 2009 taxes (filed by April 15, 2010) - use IRS Tax Form 5695 (2009 version) - this will be available late 2009 or early 2010. Be sure to retain your receipt and a copy of the VioFlame’s Manufacturers Certification Statement for your records. However, these documents do not need to be submitted with your tax return. What if my designer or builder purchases the product on my behalf as part of their services?You need an itemized record of purchase from your supplier noting the VioFlame Fireplace model number and price to be eligible for the Tax Credits. At times, it may be valuable to have your supplier provide you with a separate record of purchase for the VioFlame Fireplace to ensure documents may be filed accordingly. What does "placed in service" mean?"Placed in service" as defined by the IRS is when the property is installed and available for use. Why is Ethanol considered a "biomass fuel"? I purchased my VioFlame Fireplace prior to President Obama's announcement. Am I eligible to receive a tax credit? Any purchase made and placed in service between 1 January 2009 and 31 December 2010, qualifies for the tax credit. Where can I view a copy of the applicable code?A copy of relevant parts of the Internal Revenue Code are available for download here, or from the IRS Website. Your tax advisor should also be able to provide you with a copy. As a developer, are residents purchasing one of my properties that have an installed VioFlame Fireplace eligible to claim a tax credit?For residents to be eligible to apply for the tax credit, a record of purchase of the VioFlame Fireplace is required. This may be in the form of an itemized statement or in the form of a receipt. A unique record of purchase is required to be supplied from you, the developer, for your customer to qualify. If this is provided, residents will be eligible to apply for the Tax Credit. What if I buy multiple units or other have other qualifying expenditures?The tax credit allows for a maximum credit of 30% (up to $1,500) across all purchases of qualifying products. I have lost my receipt of purchase, how do I obtain a replacement?You must have a receipt of purchase to apply for your tax credit. If you have lost your receipt please contact the dealer where your purchase was made to request a copy of the receipt of purchase. What if I purchase a second hand or used VioFlame Fireplace?The credit only applies to the purchase of new equipment, where the taxpayer is the original user.
DownloadsDownload VioFlame Manufacturer Statement Download IRS TAX Code Section 25C These documents are in a PDF form and require Adobe Acrobat
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