I replaced my gas furnace Nov 2016, can I deduct it?

[Coleen3 · Accepted solution]

The  gas furnace would have to fall into one of the categories below.

Items that qualify for the Residential energy efficient property credit can be installed and qualify in both old and newly constructed homes. These include the  purchase and installation of solar electric systems, geothermal heat pumps, solar hot water heaters, wind turbines and fuel cell property. The allowable credit is equal to 30 percent of an unlimited amount of costs on those items.

*Credits can change from year to year. They can be disallowed and then revived.