turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I installed a custom design RB duct system and had insulation blown in to achieve R60. Can I deduct any of these costs from my Federal tax for 2024?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
DawnC
Employee Tax Expert

I installed a custom design RB duct system and had insulation blown in to achieve R60. Can I deduct any of these costs from my Federal tax for 2024?

The following expenses qualify for a tax credit under the Energy Efficient Home Improvement section, building envelope components.

 

  • Insulation and air sealing materials or systems that meet International Energy Conservation Code (IECC) standards in effect as of the beginning of the calendar year that is 2 years prior to the calendar year in which such component is placed in service. For example, materials or systems installed in 2025 must meet the IECC standard in effect on Jan. 1, 2023. These items don't have a specific credit limit, other than the maximum credit limit of $1,200. Insulation and air sealing materials or systems are they only types of qualifying property that do not have to meet the qualified manufacturer and PIN requirements.

Labor costs for installing building envelope components don't qualify for the credit. 

 

See Insulation - Energy Star Tax Credits

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question