Deductions & credits


@bohueilin wrote:

I see, @Opus 17 

 

Thank you, so Tier 2 is only eligible for year 2022. Which has lower credit too (upto $150)

 

Thanks


The top tier in 2009 was 94%, so anything over 94% would be eligible for the smaller credit if it was installed in 2022.

 

Remember, the credit is claimed when the furnace is actually installed and turned on, regardless of when you ordered it or paid for it.  You can't choose to claim your furnace for 2022 if it was installed in 2023.