Did you know that If you make qualified energy-efficient improvements to your home after Jan. 1, 2023, you may qualify for a tax credit up to $3,200.
There are limits on the allowable annual credit and on the amount of credit for certain types of qualified expenses. The credit is allowed for qualifying property placed in service on or after Jan. 1, 2023, and before Jan. 1, 2033.
The maximum credit you can claim each year is:
🌟 $1,200 for energy property costs and certain energy efficient home improvements, with limits on doors ($250 per door and $500 total), windows ($600) and home energy audits ($150)
🌟 $2,000 per year for qualified heat pumps, biomass stoves or biomass boilers
The credit has no lifetime dollar limit. You can claim the maximum annual credit every year that you make eligible improvements until 2033.
Contact Kenny Lin at 917-567-7665 for a free consultation and quote! Consult a tax professional to confirm eligibility.
P.S. Don't forget to share this post with your friends and family who might be interested in saving money and energy!
