I bought a new energy efficient HVAC system and it shows that I could get up to $1200 credit. When I put in the cost (over $10000) however it is only giving me $234. Why?
031165
1 Best answer
AmyC
Expert Alumni
Feb 17, 2025 2:41:43 PM
The tax credit is limited by your tax liability. It is not a refundable credit. See DOE air conditioners.
3 Replies
AmyC
Expert Alumni
Feb 17, 2025 2:41:43 PM
The tax credit is limited by your tax liability. It is not a refundable credit. See DOE air conditioners.
TaxMomforlife
Level 2
Feb 17, 2025 5:24:21 PM
Can you please change my user name to NOT reflect my email address?