It's 2/7, which is the date that TT should have the residential energy tax credit updated. I can enter my gas water heater, but the credit amount is not accurate. When will TT be able to incorporate qualifying appliances at the correct credit amount?
Residential energy property (30% of costs, including labor, up to $600 for each item) satisfying the energy efficiency requirements in Q1 under the Energy Efficiency Requirements section:
- central air conditioners;
- natural gas, propane, or oil water heaters;
- natural gas, propane, or oil furnaces and hot water boilers; and
- improvements to or replacements of panelboards, sub-panelboards, branch circuits, or feeders that are installed along with building envelope components or other energy property listed in these FAQs and enable its installation and use.
https://www.irs.gov/pub/taxpros/fs-2022-40.pdf
