Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
K
koryandersen0
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
  • 0 views
The full invoice was $17,700 so the it should be enough to generate the full rebate.

    1 reply

    A
    AmeliesUncle
    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.

      TurboTax Sign In Widget
      TurboTax flag icon

      Unlock tailored help options in your account

      Create an account
      TurboTax Expert Assist
      TurboTax Expert

      Get answers to all your tax questions

      Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

      Terms & ConditionsAccessibility statement
      Intuit
      TurboTax Credit Karma QuickBooks MailChimp

      ©1997-2022 Intuit, Inc. All rights reserved.
      Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
      of Intuit Inc. Terms and conditions, features, support, pricing, and service options
      subject to change without notice.

      Security Certification of the TurboTax Online application has been performed by
      C-Level Security.

      By accessing and using this page you agree to the Terms of Use.

      Accessibility

      TRUSTe nResult Certified e-File C-Level Security Certification