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kmt1954
New Member

Replaced heat pump for 15725.00 But I can't understand why I do not qualify for the $2,000 Maximum credit annual cap

I do not owe any taxes but IRS website states that I should still be qualified for up to a $2,000 credit
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1 Reply
MayaD
Expert Alumni

Replaced heat pump for 15725.00 But I can't understand why I do not qualify for the $2,000 Maximum credit annual cap

You must have Tax liability to claim the credit. 

Per IRS: If a taxpayer does not have sufficient tax liability to claim all or a portion of the credit for a taxable year, the unused amount of the credit may never be claimed.

 

IRS.gov

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