The tax credit for a seer2 16 AC with gas heater unit in 2023 is 30% of the cost up to $600. If the cost is $7000, 30% of $7000 is $2100.
Can the $1500 used later years?
Announcements
Do you have a TurboTax Online account?
We'll help you get started or pick up where you left off.
The tax credit for a seer2 16 AC with gas heater unit in 2023 is 30% of the cost up to $600. If the cost is $7000, 30% of $7000 is $2100.
Can the $1500 used later years?
Assume I used $600 limit in 2023. I want to know the left over $1500 is still usable later. Or the carry over is only when I did not used up the $600 limit.
The tax credit for a seer2 16 AC with gas heater unit in 2023 is 30% of the cost up to $600. If the cost is $7000, 30% of $7000 is $2100.
Can the $1500 used later years?
There is no carryover. The maximum credit for a gas furnace is $600.