Podcast
Questions and Answers
Which type of property is eligible for the energy-efficient home improvement credit?
Which type of property is eligible for the energy-efficient home improvement credit?
- Commercial property only
- Any residential property (correct)
- Primary residence only
- Rental property only
What is the maximum credit amount for qualified energy efficient improvements installed during the year?
What is the maximum credit amount for qualified energy efficient improvements installed during the year?
- $500
- $2,000
- $150
- $1,200 (correct)
What is the maximum credit amount for home energy audit expenses?
What is the maximum credit amount for home energy audit expenses?
- $500
- $1,200
- $150 (correct)
- $2,000
What is the maximum annual limit for residential energy property expenses such as windows and skylights?
What is the maximum annual limit for residential energy property expenses such as windows and skylights?
What is the maximum annual limit for specified heat pumps, heat pump water heaters, and biomass stoves and boilers?
What is the maximum annual limit for specified heat pumps, heat pump water heaters, and biomass stoves and boilers?