179D Tax Deduction Tennessee
Our team of engineers and tax experts will obtain the maximum 179D deductions available in the state of Tennessee, following IRS guidance. The deduction ranges between $0.60/sq ft and $1.80/sq ft for energy efficient lighting, HVAC systems, and the building envelope. The process for obtaining the 179D deduction in Tennessee requires a detailed analysis that must be certified by a qualified third party. KBKG has the in-house expertise and the required professional qualifications to certify your Tennessee property as required by the IRS.
Case Study: Tennessee
A school in Columbia, Tennessee with 85,887 square feet qualified for the 179D full tax deduction.
KBKG successfully obtained $154,597 in total 179D tax deductions.
Eligible improvements
Case Study: Tennessee
An office building in Memphis, Tennessee with 36,546 square feet qualified for the 179D HVAC deduction.
KBKG successfully obtained $21,928 in total 179D tax deductions.
Eligible deductions for Architects & Designers
Architects and designers in Tennessee who implement energy efficient designs on government buildings are also eligible for the deduction if their design meets the criteria.
Section 179D Benefits
|
Size of
Improvement |
Partial Tax Deductions
|
Full Tax
Deduction |
||
|
Lighting
|
HVAC
|
Envelope
|
||
|
50,000 sf
|
$15K - $30K
|
$30K
|
$30K
|
$90K
|
|
100,000 sf
|
$30K - $60K
|
$60K
|
$60K
|
$180K
|
|
300,000 sf
|
$90K - $180K
|
$180K
|
$180K
|
$540K
|