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Deductions & credits
There is no carryover of unused credit for residential energy property costs, which is how the purchase of your central air conditioners would be categorized.
Your expense would be entered in the Energy Efficient Home Improvement Credit (Part II) portion of Form 5695, which does not permit carryover.
Please see the IRS' Instructions for Form 5695 for more information.
‎January 27, 2023
12:16 PM