turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
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.

peterbmw2022
Returning Member

Moved into a new home in 2021. Does my Energy Tax Credit with the old house ($133 in 2020) follow me to the new house?

 
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.

3 Replies
MinhT1
Expert Alumni

Moved into a new home in 2021. Does my Energy Tax Credit with the old house ($133 in 2020) follow me to the new house?

The limitations in amounts of the energy credits are by taxpayer and not by house.

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

Moved into a new home in 2021. Does my Energy Tax Credit with the old house ($133 in 2020) follow me to the new house?

I don’t quite understand your question.  If you claimed a credit in 2020 when you owned the house, and you have a carry forward because of your tax situation, you still get to use the carryforward even though you moved out of the house (because the original claim occurred when you lived in the house).

 

If that was not your question, please post a clarification.

Moved into a new home in 2021. Does my Energy Tax Credit with the old house ($133 in 2020) follow me to the new house?

Or, you might have been thinking about the $500 lifetime limitation for certain energy efficient building improvements like doors, windows, and furnaces and air conditioners. That credit goes with the taxpayer and not the house and is a lifetime cap.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies