- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
If it's an electric heat pump, it's only eligible for a maximum $300 credit. See Line 22a in the Instructions for Form 5695 for more detail.
You're allowed to take a credit of 30% of costs of geothermal heat pump property.
‎February 20, 2023
7:38 AM