- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Hi, If I purchase a new AC/Heating unit, for my primary residence, can that be deducted for tax year 2018? (heard with new tax law this is allowed).
June 3, 2019
6:08 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Sorry, but you heard wrong. Property improvements to your primary residence are never deductible under any circumstances. However, there are situations where you can claim energy credits for improvements to your primary residence. But a new central air unit isn't one of those circumstances.
June 3, 2019
6:08 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Your state, though, may have some state tax provision for this.
June 3, 2019
6:08 PM