Save Big in 2025 with the Woodstove Tax Credit

Save Big in 2025 with the Woodstove Tax Credit

Chelsea Boone

Thinking about adding a cozy new woodstove to your North or South Carolina home? There’s never been a better time. Thanks to the federal Wood & Pellet Stove Tax Credit, you could save up to $2,000 when you purchase and install a qualifying woodstove in 2025 — but don’t wait too long, the credit expires on December 31, 2025.

At Casual Furniture World, we carry premium stoves from Jøtul, Hearthstone, and Vermont Castings — all trusted brands with models that meet the efficiency requirements to qualify. Even better, our team of experts is here to walk you through the process, so you don’t have to worry about the fine print.


✅ What the Tax Credit Covers

  • 30% of your total cost back – This includes the price of the woodstove and professional installation.

  • Up to $2,000 maximum per year – That’s a dollar-for-dollar credit on your taxes, not just a deduction.

  • Qualifying models only – The stove must be at least 75% efficient (HHV) and listed as an EPA-certified product. Don’t worry — we’ll help you confirm which of our stoves qualify.

  • Primary residence only – The credit applies to your main home (not a rental or vacation property).

  • Deadline: December 31, 2025 – Your stove must be installed and ready to use by the end of the year to claim the credit.


💲 How Much Can You Save?

Here’s a simple example:

  • Let’s say you purchase and install a qualifying woodstove for $6,000 total (including installation).

  • Under the tax credit, you’d be eligible to claim 30% of that cost = $1,800 back on your federal taxes.

If your stove and installation costs are higher — for example, $7,500 — the 30% credit would equal $2,250. But since the program caps savings at $2,000 per year, that’s the maximum you can claim.

That’s a significant savings simply for choosing an efficient, qualifying stove and having it professionally installed!


🪵 How to Claim the Credit (Step by Step)

  1. Choose your stove
    Visit one of our showrooms and let our experts help you pick a qualifying woodstove from Jøtul, Hearthstone, or Vermont Castings.

  2. Get professional installation
    Proper installation is required for both safety and eligibility. Our team can coordinate this for you and ensure all costs are documented.

  3. Save your paperwork
    We’ll provide receipts, manufacturer efficiency certifications, and model information you’ll need at tax time.

  4. File IRS Form 5695
    When you file your 2025 taxes, use this form to report the credit. Bring your documentation, and your tax preparer can help you apply the savings.


💡 Why Buy from Casual Furniture World?

  • We only carry trusted, premium woodstove brands that meet (or exceed) efficiency standards.

  • Our team of experts is here to guide you through the process, from stove selection to installation and tax credit documentation.

  • With showrooms in Winston-Salem, Greensboro, and Myrtle Beach, we’re local, knowledgeable, and ready to help you create warmth that lasts a lifetime.


🏠 Make 2025 the Year You Add Cozy Comfort (and Savings!)

A new woodstove doesn’t just add warmth — it adds character, efficiency, and long-term value to your home. And with up to $2,000 in federal tax savings, there’s no better time to make the investment.

Stop by your nearest Casual Furniture World showroom, and let us help you choose the perfect stove and take advantage of the 2025 tax credit before it expires.