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Tax credit for some installing storm shelters

Starting Jan. 1, some homeowners can receive a tax credit worth $3,000 if they install storm shelters with their home.

"Tax credit" written on black card in white ink sitting on desk with calculator and pens

Homeowners in Alabama can qualify for the credit.

The Alabama Emergency Management Agency will inspect the shelter. It needs to be FEMA approved.

After approval, a credit certificate is provided.

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Storm shelter installation credit details

The credit will be for either $3,000, or 50% of how much it was to buy and build the shelter. Whatever amount ends up being less will be the credit.

This isn’t a grant for installing a storm shelter, it is a tax credit.

There is a limit for $2 million dollars. If you wait too long and the money is gone, you will not receive a credit.

Why the credit is for storm shelters in Alabama

Gregory Robinson, Alabama EMA External Affairs Director, says Alabama leads in tornadoes and tornado related deaths.

Having a shelter at your home leads to safety quicker than rushing to a community shelter.

For the structure to pass inspection, it needs to survive an EF6 tornado. That is a tornado with winds over 200 mph.

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The resident’s property needs to house the shelter. Another shelter may not exist.

If you have questions, you can reach the Alabama Emergency Management Agency at 205-280-2200.

For questions about the tax credit, call the Alabama Department of Revenue Individual Income Tax. Call 334-242-1170 Option #1.

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