Long Island homeowners say they made environmental improvements to their homes, but are being required to pay income tax on the grant money used for the upgrades. Critics say the IRS is taxing the money twice. GusoffTV reports.
-- On Tax Day, some Long Island residents are making a plea to the IRS. They say they made environmental improvements to their homes, but are being required to pay income tax on the grant money used for the upgrades."You kind of want to leave the Earth just as you got it or a little bit better for your kid's future," said Louis Castronova from East Islip.
"It just hurt. It's like we're almost being punished for making it a greener planet," Castronova said."If it puts you in a higher bracket, it's tough, it's very tough," Bernardo added."There was no money that we received. But what we got and what the community got and what the county got was a cleaner septic system."
The IRS said it cannot comment on individual tax matters. But this question is impacting a category of taxpayers - more than 3,000 people have applied for the grants. The agency said it's communications speak for themselves.
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