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The software states that up to 30% of purchase and installation cost of a biomass stove is eligible for a tax credit, but only 26% was through 12/31/22. Problem?
The BTU Act that was in effect from 2021 through 2022 allowed an uncapped credit of 26 percent of purchase and installation cost. Beginning in 2023, credit eligibility is 30 percent capped at $2000 annually. Is this currently causing me to claim a 30 percent credit if I enter the full amount I paid?
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‎January 5, 2023
8:45 PM