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How do I know if my central air conditioner qualifies for a federal tax break?

 
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1 Reply
Vanessa A
Expert Alumni

How do I know if my central air conditioner qualifies for a federal tax break?

If it is rated as Energy Star Energy Efficient it qualifes for the federal tax break.

 

The Home Improvement Energy Efficient Credit is a non-refundable credit

  • Worth up to 30% of qualifying costs for a maximum combined total of $1,200 for the following:
  • You can combine the $2,000 credit with the $1,200 credit for a total of $3,200
  • This credit is a use it or lose it credit.  If you do have enough tax liability in the year you buy and install the item, you will not be able to carry the credit forward.
  • NOT available for new construction.
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