Hello @rsgandhi333
According to the White House Fact Sheet here under the Inflation Reduction Act , "When families need to replace air conditioners, water heaters, or furnaces, they can save up to 30% with tax credits for efficient heating and cooling equipment that will save them hundreds of dollars on utility bills."
You will want to insure that the AC unit will be recognized as an Energy Star Most Efficient Unit. More information on Energy Star units can be found at the link here. EnergyStar
For documentation, you will want to keep a record of your purchase through an invoice which documents the type of unit, date purchased, and cost. TurboTax will guide you to enter in information about your AC unit so you can claim your credit under the "Credit and Deductions" section, in the "Your Home" section.
Enjoy your day!
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