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April 9, 2022
Question

What can I do if I did not receive my Energy Tax Credit?

  • April 9, 2022
  • 1 reply
  • 0 views
Can someone please explain me how this works? I was expecting a good amount in 2020 and it supposedly carried forward to 2021 but this time I got nothing.

1 reply

Employee
April 9, 2022

The residential energy property credit is nonrefundable. A nonrefundable tax credit allows taxpayers to lower their tax liability to zero, but not below zero.