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I purchased a water heater in 2023 and under the Energy Efficient Home Improvement Credit it shows an annual limit of $600. Why is it only giving me $300?
Energy start gov website and Turbo Tax (https://turbotax.intuit.com/tax-tips/home-ownership/energy-tax-credit-which-home-improvements-qualif...) both state I should be claim 30%of project cost - $600 maximum amount credited but when I enter the total amount I paid ($4,500) for the water heater, it says $300. Why am I not getting the $600?
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‎January 22, 2024
7:57 PM