Can we qualify for a Fed and MA tax credit after spending 72,000 on a new heat pump heat/cool system in 2023. How do I do that?

[halestreet7]

How do I fill out the boxes on the site?

[AmyC]

Maybe both. Yes, you will claim federal credit for your new energy efficient system. For MA, I am not sure what you purchased but I believe yours may be in the rebate program. A rebate would not go through your tax return. Please go through the MN Energy Incentives and Rebates to find what you specifically purchased and if it qualifies for state credit or if you need to ask for a rebate and how.

1. Begin with the federal. 
2. Go to deductions and credits. 
3. Under Your Home look for Home Energy Credits, start. 
4. If your system is in this list, select yes and continue.
5. Select The home is mine 
6. Select home in US, main home, and just continue through answering the questions.