Can I deduct the cost of a new propane/gas generator? Can I deduct the cost of a new propane tank and installation for the generator?

moranorena · ‎January 26, 2024

DoninGA · ‎January 26, 2024

If the generator was installed on your personal residence, not used as a rental or in a business, the cost cannot be deducted on your tax return. The cost would be added to the basis of the home when it is sold.

Vanessa A · ‎January 26, 2024

No. Gas home generators are not eligible for the Home Energy Credits. No, the propane tank is not listed as an eligible product for the energy credits.

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Can I deduct the cost of a new propane/gas generator? Can I deduct the cost of a new propane tank and installation for the generator?

Can I deduct the cost of a new propane/gas generator? Can I deduct the cost of a new propane tank and installation for the generator?

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Can I deduct the cost of a new propane/gas generator? Can I deduct the cost of a new propane tank and installation for the generator?

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