Have you made any energy-efficient improvements to your home after January 1, 2023? If so, you may qualify for a tax credit under the Inflation Reduction Act.
Eligible upgrades include various energy-saving enhancements, such as electric vehicle charging stations, replacement of exterior doors, windows, or skylights, and improvements to insulation and air sealing. Energy-efficient appliances and other related equipment may also qualify for the credit.
Additional residential energy property costs are also eligible, including heaters powered by natural gas, propane, or oil, as well as furnaces and boilers that use similar fuels. Heat pumps, biomass stoves, and certain water heaters may also qualify. You may even be eligible for a credit if you conduct a home energy audit for your primary residence to evaluate its energy performance.
This credit can help reduce your energy bills and promote eco-friendly decisions. Be sure to retain all receipts and certifications for your tax return.
Reach out to a trusted Team Dave Logan Pro to complete the work! If you have questions about your eligibility, consult your favorite tax professional.