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February 2, 2024
Question

Energy Star Tax Credit

  • February 2, 2024
  • 1 reply
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The maximums for the Energy Star tax credits increased for air conditioners in 2023.  The amount of the credit for 2023 is now 30% up to $600 of the amount spent.  Turbotax is only giving a maximum amount of $300.

 

Amount spent: $8730
30%: $2619
Maximum credit: $600

 

Source: IRS publication 5886-A

    1 reply

    Employee
    February 2, 2024

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