Is there a deduction or a tax savings for adding a heat pump/mini split AC system to my home?

I added this to my home in summer of 2022 and would need to amend my 2022 filing if this qualifies for something. Perhaps the inflation reduction act or something related to energy efficiency.

posted

Yes. In 2022, there was a Non Business Energy Property Tax Credit. This credit was worth 10% of your cost for heat pump that meets the Energy Star requirements. The credit was limited to $300 for the heat pump/ split system.

In order to claim the credit for 2022, you would need to Amend Your Return. You cannot claim the credit on your 2023 return since the property was installed in 2022.

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