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Inflation Reduction Act - Heat Pump Contractor

My business provides + installs unitary, ductless, and inverter heat pump systems. It is my understanding that the incentive disbursement systems will be set up by each individual state. How will the $4000.00-$8000.00 qualifying heat pump incentives for moderate to low income households potentially affect my business income tax liability? Is this going to depend on how the incentives are dispersed? 

 

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1 Reply
VincentL
Employee Tax & Finance Expert

Inflation Reduction Act - Heat Pump Contractor

You are correct the incentive disbursements are managed at the state level. Please contact your local state representative for further information.

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