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Get your taxes done using TurboTax
Correct, the credit can reduce your tax liability to $0 but not below. So any excess credit will be carried forward to the following year. Based on your tax liability and withholding it may increase your refund.
Here is a link with more details https://turbotax.intuit.com/tax-tips/home-ownership/energy-tax-credit-which-home-improvements-qualif...
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‎October 25, 2023
12:48 PM