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posted Jun 4, 2019 1:19:20 PM

Can I get a tax credit for each of an energy efficient heater as well as an energy efficient air conditioner?

The $300 energy-efficient building property credit includes both heaters and air conditioners.  The qualified natural gas furnace exemption is $150.  Does that mean I can get a $450 credit?

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1 Replies
Expert Alumni
Jun 4, 2019 1:19:21 PM

Yes, you can get a credit of $300 for qualifying air conditioners and $150 for a qualifying oil furnace or hot water boiler.

Please read this IRS document for more information:

https://www.irs.gov/pub/irs-pdf/i5695.pdf