I purchase a new hot water tank this year. Can I get a credit on my return?

[stwin72]

Also purchase a new air conditioning and furnace unit, would that qualify as well?

[NicoleU]

Just to confirm with you, regarding the type of air conditioner. You can claim:

• Solar water heating costs
• Solar electric costs
• Fuel cell property costs
• Small wind energy property costs
• Geothermal heat pump property costs
• Qualified central air conditioners
• Certain advanced main air circulating fans
• Exterior doors, exterior windows and skylights
• Metal or asphalt roofs with qualified coatings
• Insulation material or system to reduce heat loss
• Certain electric heat pump water heaters, electric heat pumps
• Furnaces and hot water boilers powered by natural gas, propane or oil (this may apply)
  

You can't claim:

• Energy Star appliances
• Low-flow showerheads
• Low-flush toilets

If they apply, then please go Federal Taxes, Deductions & Credits, then go to Your Home (first section of the page), then Home Energy Credits, please Start.