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Returning Member
posted Mar 16, 2021 12:02:38 PM

Construction questions

Question regarding "construction".  Curious as to how IRS defines "construction".  I'm wondering:

1.  I'm looking for credits for the HVAC, exterior windows and doors, etc.....  The majority of the project was done to the existing structure with an addition.  Since there was already a standing structure and tax credits don't apply toward new construction, can I claim all of the credits?

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1 Replies
Expert Alumni
Mar 16, 2021 1:16:32 PM

Yes, you can claim the credit as the credit may also be claimed for newly constructed homes through 2020 and all installation costs may be included.

 

-for additional information follow these links-

Energy Tax Credit: Which Home Improvements Qualify ...

What Is the IRS Form 5695? - TurboTax Tax Tips & Videos

Energy Incentives for Individuals: Residential Property ... - IRS