EVER WANTED TO GET A STORM SHELTER AT YOUR HOUSE?
Beginning in 2022, eligible taxpayers who incur costs for the construction, acquisition, or installation of a qualified storm shelter at their primary residence in the state of Alabama will be eligible for an income tax credit for the storm shelter. Homeowners will be eligible for a $3000 tax credit for storm shelters installed after January 1, 2022. The credit is not retroactive. There are limitations and a cap of $2 million on the statewide credit total per year for three years.
***For questions about documentation for the storm shelter tax credit, contact Alabama Emergency Management Agency at (205) 280-2200.
**For questions about processing the storm shelter tax credit, contact Alabama Department of Revenue Individual Income Tax at (334) 242-1170 Option #1.
This will be a first come first serve. Funds are limited. ALL requests for information should be directed to one or both of the numbers listed above.
For High Quality Shelters check out Yoders Woodworks.
Falkville, AL · (844) 600-5096