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Level 1
February 12, 2022
Solved

Energy Saving Improvements

  • February 12, 2022
  • 1 reply
  • 32 views

We purchased a propane furnace in December of 2018 but haven't claimed it as an Energy Saving Improvement on any tax returns. Can we claim it now for 2021?

Best answer by AnnetteB6

No, qualified energy improvements must be claimed on the tax return for the year that the improvement was made.  In your case that would have been 2018 if the furnace qualified for the energy credit.

 

1 reply

AnnetteB6Answer
Level 15
February 12, 2022

No, qualified energy improvements must be claimed on the tax return for the year that the improvement was made.  In your case that would have been 2018 if the furnace qualified for the energy credit.

 

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