Energy Efficient Home Credit (45L) in St. Paul, MN 2026
Calculate your energy efficient home credit (45l) tax savings in St. Paul, Minnesota. With Minnesota's 9.85% state tax rate, your combined savings are higher.
Minnesota Tax Context
State capital; Twin Cities metro
Energy Efficient Home Credit (45L) Savings Calculator for St. Paul
Federal Savings
$5,000
22% bracket
Minnesota State
$0
9.85% rate
Local Tax
$0
0% rate
Total Savings
$5,000
31.9% combined
Tax credits reduce your tax bill dollar-for-dollar, regardless of your tax bracket.
Savings by Tax Bracket in St. Paul
Includes 9.85% Minnesota state tax on top of federal savings.
Eligibility Requirements
Builders or developers of new energy-efficient homes
- 1$2,500 for ENERGY STAR certified homes
- 2$5,000 for DOE Zero Energy Ready homes
- 3Must meet prevailing wage requirements for full credit
Minnesota residents should verify that this deduction is also recognized on their state tax return for additional savings of up to 9.85%.
Common Mistakes to Avoid
- !Not obtaining required certifications before claiming
- !Missing prevailing wage requirements
- !Failing to meet the 50% energy savings threshold
- !Forgetting to claim the deduction on your Minnesota state return (missing 9.85% additional savings)
Required Tax Forms
File these forms with your federal tax return to claim the energy efficient home credit (45l). Minnesota may require additional state-specific forms.
Other Tax Deductions in St. Paul, MN
Mortgage Interest Deduction
Housing
Property Tax Deduction
Housing
Home Office Deduction
Housing
Home Energy Tax Credit
Housing
Residential Solar Tax Credit
Housing
Military Moving Expenses
Housing
PMI Premium Deduction
Housing
Mortgage Points Deduction
Housing
Energy Efficient Home Credit (45L) in Other Minnesota Cities
Minneapolis, MN
9.85% state tax
Saint Paul, MN
7.85% state tax
Rochester, MN
9.85% state tax
Duluth, MN
9.85% state tax
Bloomington, MN
9.85% state tax
Brooklyn Park, MN
7.85% state tax
Plymouth, MN
7.85% state tax
Maple Grove, MN
7.85% state tax
Calculate Your Full Tax Savings in St. Paul
Use our free tax calculators to optimize your entire tax return for Minnesota.
Frequently Asked Questions
How much can I save with the Energy Efficient Home Credit (45L) in St. Paul, MN?
In St. Paul, Minnesota, the energy efficient home credit (45l) can save you an estimated $5,000 per year. This includes $5,000 in federal tax savings and $0 in Minnesota state tax savings. The national average savings is $2,500/year.
What is the Minnesota state income tax rate for St. Paul residents?
Minnesota has a 9.85% state income tax rate. St. Paul residents have no additional local income tax. State capital; Twin Cities metro
Who qualifies for the Energy Efficient Home Credit (45L) in St. Paul?
Builders or developers of new energy-efficient homes. The eligibility requirements are the same whether you live in St. Paul or elsewhere in the U.S., as this is a federal tax credit. However, your savings amount will vary based on Minnesota's 9.85% state tax rate.
What tax forms do I need to claim the Energy Efficient Home Credit (45L) in Minnesota?
To claim the energy efficient home credit (45l), you need to file Form 8908 and Form 3800 with your federal return. Minnesota residents should also check if the state allows this deduction on their state return, which could provide an additional 9.85% savings. Filing status affects your deduction limits and tax bracket.
Is the Energy Efficient Home Credit (45L) better in St. Paul than in states without income tax?
Yes, St. Paul residents benefit more because Minnesota's 9.85% state income tax means the deduction reduces both your federal AND state tax liability. In states with no income tax (like Texas, Florida, or Nevada), this deduction only reduces federal taxes. Your combined rate of 31.9% means more savings per dollar deducted.
Related Calculators
Mortgage Interest Deduction in St. Paul
Avg savings: $3,500/year
Property Tax Deduction in St. Paul
Avg savings: $2,200/year
Home Office Deduction in St. Paul
Avg savings: $1,200/year
Home Energy Tax Credit in St. Paul
Avg savings: $1,800/year
Residential Solar Tax Credit in St. Paul
Avg savings: $7,500/year
Military Moving Expenses in St. Paul
Avg savings: $4,000/year