We put money down in 2020 on windows that qualify as energy saving improvements but the job has not been completed so we have not paid the full amount. Can we claim what we paid in 2020 and claim the balance for the next tax year or claim the full amount for 2020 or wait until the job is completed and claim all of it on 2021 taxes?
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The energy improvement has to be completed before it can be entered on a tax return as a tax credit.
You can claim the credit on your 2021 tax return to be filed next year.
The energy improvement has to be completed before it can be entered on a tax return as a tax credit.
You can claim the credit on your 2021 tax return to be filed next year.
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