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Deductions & credits
Yes, $300 total is correct. While heat pumps that are ENERGY STAR certified meet the requirements for a $300 energy efficiency tax credit claimed on Form 5695, the total amount is limited to $300, unfortunately. It's not per unit and it's not for a residence other than primary, according to IRS instructions page 6 & 7.
‎February 5, 2021
9:14 AM