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January 19, 2025
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can i deduct new furnace in 2024

  • January 19, 2025
  • 1 reply
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    Best answer by DoninGA

    If the furnace was installed in home that you own then you may be able for a Home Energy Credit.

     

    To enter Home Energy Credits -

    Click on Federal Taxes (Personal using Home and Business)
    Click on Deductions and Credit
    Click on I'll choose what I work on (if shown)
    Under Your Home
    On Home Energy Credits, click the start or update button

     

    Or enter home energy improvement in the Search box located in the upper right of the program screen. Click on Jump to home energy improvement

    1 reply

    DoninGA
    DoninGAAnswer
    Employee
    January 19, 2025

    If the furnace was installed in home that you own then you may be able for a Home Energy Credit.

     

    To enter Home Energy Credits -

    Click on Federal Taxes (Personal using Home and Business)
    Click on Deductions and Credit
    Click on I'll choose what I work on (if shown)
    Under Your Home
    On Home Energy Credits, click the start or update button

     

    Or enter home energy improvement in the Search box located in the upper right of the program screen. Click on Jump to home energy improvement