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hate2owe
New Member

If I spent $400 on home energy insulation will that help with the taxes owed? Is it worth upgrading from free Turbo?

 
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1 Reply
AnnetteB6
Expert Alumni

If I spent $400 on home energy insulation will that help with the taxes owed? Is it worth upgrading from free Turbo?

The residential energy credit for qualified insulation is 10% of the cost, assuming that you have not already reached the lifetime maximum of $500 of energy credits.  Therefore, the maximum amount you would save on your return would be $40.  

 

 

@hate2owe

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