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Get your taxes done using TurboTax
Hi Jon - looks like you have done your research - below are further clarifications:
Beginning Jan. 1, 2023, the credit equals 30% of certain qualified expenses: Qualified energy efficiency improvements installed during the year which can include things like: Exterior doors, windows and skylights.
Skylights must meet the ENERGY STAR Most Efficient criteria.
I recommend you check on the exact product/skylight you are purchasing to be sure it meets the qualifications: https://www.energystar.gov/about/federal_tax_credits/windows_skylights
To qualify for the tax credit: Solar-powered fresh air skylights. Fixed or manual fresh air air skylights with factory installed solar-powered shades.
Keep in mind these credits are non-refundable credits meaning that they can lower your taxes but won’t result in a refund. You may have the opportunity to roll over unused portions of tax credits to future years, allowing you to use them to reduce your future tax liability.
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