Quote:
Originally Posted by ctujackbauer
How is the home energy tax credit a sham when you can just google and learn the exact amount of the credits before upgrading your stuff?
Also, if you only installed new windows, I really hope you didn't claim $2,000 in tax credits for 2022 because the maximum tax credit is 10% of the cost, up to $500, but only $200 for just windows. You might want to consider amending your tax return or waiting out an IRS "fix it" letter.
https://www.energystar.gov/about/fed...it_information
Tax Credit Amount: 10% of the cost, up to $500, but windows are capped at $200. |
I entered $9,000. The tax software I use adjusted it to $2,000. I'll trust that software to figure it out for me.
It's just comical that someone somewhere in the government had the thought "yeah $200 seems good" knowing damn well a whole house of new windows costs (from the estimates I received) anywhere from $7,000 to $30,000.