The Federal Tax Credits Blog

Question: Tax credit for Energy Efficiency?

I’m renovating a house and will be putting in a new heat pump system in 2009 and probably all new windows in 2010. With the tax credit being a max of $1500 does that mean I can recover $1500 each year or just $1500 total? The wording is:

$1,500 is the maximum total amount that can be claimed for all products placed in service in 2009 & 2010

Answer: I believe that it is $1500 in total for both years.

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