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Does the new tax law of 2018 restore the energy credits in 2017 for energy efficient home air conditioners and gas hot water heaters?
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Does the new tax law of 2018 restore the energy credits in 2017 for energy efficient home air conditioners and gas hot water heaters?
Yes, the recent passage of the 2017 Tax Law Extenders extended the already expired tax credits. The Home Energy Efficient Credit is extended as well. You are eligible to take the credit for the improvements of your energy efficient systems of your home. See TurboTax FAQ https://ttlc.intuit.com/replies/3300639