The BOOST Act would create a refundable tax credit for people who buy certain equipment for a main home in an unserved area. Eligible purchases include communications signal boosters and equipment for satellite internet. The credit would cover 75% of eligible costs, up to $400 in costs, for a maximum credit of $300. A taxpayer could claim it for only one tax year. The credit would apply to tax years beginning after December 31, 2025, and would end for amounts paid after December 31, 2029.
If your main home is in an area eligible for phase 1 or phase 2 of the Rural Digital Opportunity Fund, you could elect to claim the credit for qualifying equipment. The bill directs the Treasury Secretary to issue rules and guidance, including a voluntary program for sellers to report qualifying sales.
You would first pay for the eligible equipment. The credit would cover 75% of up to $400 in qualifying costs, for a maximum credit of $300. No publicly available information is provided about the total cost of the credit.
No publicly available information.
No publicly available information.