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New Form 5695 Had new electrical panel installed 2023. New furnace installed 2022. Can I take the $600 credit for the 2023 elec panel? IRS unable to answer my question.
Directions say panel has to be 'installed with qualified energy efficient improvements or property.
Because I installed the qualified furnace in 2022, does that mean I can't take the credit for the new electrical panel installed in 2023?
Panel was 50 years old and couldn't handle the load anymore.
Thanks!
Because I installed the qualified furnace in 2022, does that mean I can't take the credit for the new electrical panel installed in 2023?
Panel was 50 years old and couldn't handle the load anymore.
Thanks!
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‎February 8, 2024
11:58 AM