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January 18, 2025
Question

I added a heat pump to my house in 2024, and I am not getting the full 2k credit, only 538. What am I doing wrong?

  • January 18, 2025
  • 1 reply
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The full invoice was $17,700 so the it should be enough to generate the full rebate.

    1 reply

    January 18, 2025

    Have you entered all of your income yet?  Do you only have $538 of income tax or have other credits that are reducing your tax down to $538 (look at lines 19 through 22 of Form 1040)? 

     

    It is a non-refundable credit, which means it can't be more than your total income tax.  If you only have $538 of tax, the credit is limited to $538.