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How do claim tax credit for a energy efficient AC, Furnace and Blower if I only have a receipt for a lump sum of money.

 
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PattiF
Expert Alumni

How do claim tax credit for a energy efficient AC, Furnace and Blower if I only have a receipt for a lump sum of money.

You can research the cost of the AC unit and the Furnace and Blower on the internet to have an approximate idea of the cost for each energy-efficient item that was included on your receipt. If the AC unit is $2500 and the Furnace and Blower are $5000, the receipt for $7500 would be divided by 1/3 and 2/3rds. Since you have the receipt your expenses are backed up if there are any questions from the IRS.

 

The air-conditioning and the furnace are entered on separate lines. The air conditioner is eligible for up to $300, and the furnace is only eligible for up to $150. The credit is 10% of the amount of the appliance. If you are audited, you will need to show something that supports how you allocated the cost between the furnace and the air conditioner. 

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