inflation reduction act rebates for non-home-owner

[anonymous17]

if i buy a heat pump for a house owned by my brother which is my primary residence, can i get a rebate under the inflation reduction act? if so, whose income would it use, mine or my brothers? and what region would be used for the median income, the house or his primary residence? does it matter if i pay rent or live there for free?

[SoCalGal22]

Great Question @anonymous17!

Usually a Hone Energy Credit is claimed by the home owner. for their primary residence.

https://www.irs.gov/newsroom/energy-incentives-for-individuals-residential-property-updated-question...

Your  tax rates for 2022 are lower than for 2021 and the standard deduction will increase. These will have the impact of lowering your taxes but, just marginally. You would be eligible for credits on energy saving vehicles or installations to your home.  

[anonymous17]

thanks for the background on home energy credits, but i'm asking about the rebates.

for some background, i believe heat pump rebates are subject to income limits as per this section of the bill:
https://www.congress.gov/bill/117th-congress/house-bill/5376/text#H4D43FABFB4F9495C8A601D9A2C780ADC

i can quote the key points:
(c) High-Efficiency Electric Home Rebate Program.—
(ii) not more than $8,000 for a heat pump for space heating or cooling; and

(A) in the case of an eligible entity described in subsection (d)(1)(A)—

(i) 50 percent of the cost of the qualified electrification project for a household the annual income of which is not less than 80 percent and not greater than 150 percent of the area median income; and