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Level 2
posted Aug 27, 2024 8:40:44 AM

Is the 2024 Inflation Reduction tax credit for heat pump installation retroactive such that I can file an amended 2021 tax return and claim the tax credit?

We installed a $13,000 heat pump system in 2021, can I amend my 2021 tax return to claim the tax credit for heat pump systems implemented in the 2024 Inflation Reduction Act?

0 1 38006
1 Replies
Level 15
Aug 27, 2024 8:53:59 AM

The credit is Not retroactive.