- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
...and if it was an Electric Heat Pump, you may have put your expenses on the wrong line in the interview.
1)...For an Eletric Heat Pump, the $$ go on the line for "Energy-Efficient Building Property"....and that's up to $300 max.
2)....for a Geothermal Heat Pump, you skip the page with the Windows, Doors, AC, etc, and on a later page as you step thru, there is one that lists the Solar and Wind Energy items...that page has a specific line for the Geothermal Heat Pump $$ entry.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎June 21, 2023
12:08 PM