New Roof

Forum|Forum|4 years ago
February 6, 2022
10 replies
73 views

Insurance paid for the new roof 22000.00, I paid 1000.00 deductible. What amount should I enter when claiming the energy tax credit?

Best answer by LeonardS

You can not claim the insurance payment, $22,000 for the energy tax credit. You can only claim your deductable amount of $1,000 you paid towards your energy credit.

LeonardSAnswer

Level 14

You can not claim the insurance payment, $22,000 for the energy tax credit. You can only claim your deductable amount of $1,000 you paid towards your energy credit.

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

Dant

Level 2

Not all roofing material will qualify for the tax credit. Is there a list of manufacturers and roofing products that qualify?

Vanessa A

Level 15

No, there is not a list of manufacturers that qualify. If the material is listed as Energy Efficient, whether it is metal or asphalt, it will qualify.

Residential Energy Credit

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