For home renovation project that are completed before Feb 1 2010 (and entered into after Jan 27, 09), you will be granted a tax credit of up to $1,350 on your 2009 income tax return (based the maximum of $10,000 worth of renovations). The minimum cost of the renovation must be at least $1,000.  

Here is what is eligible for the tax credit:

•         kitchen, bath, basement reno

•         new carpeting or hardwood flooring

•         deck, fence, retaining wall or building an addition

•         new water heater or furnace

•         interior or exterior painting of a house

•         laying of new sod

•         labour costs

•         professional fees

•         building materials

•         fixtures

•         equipment rentals and permits

Here is what is not included:

•         furniture and appliances

•         tools

•         carpet cleaning

•         maintenance contracts ( furnace cleanings, lawn care etc)

Visit the HRTC Website for more qualification info.