Does Flair qualify for the "energy efficient building property" federal tax credit?
See title. Instructions in TurboTax for this tax credit are:
Enter the amount you paid for energy-efficient building property. Examples include: electric heat pump water heater, central air conditioner, natural gas, propane, or oil water heater.
These items must meet specific energy efficiency guidelines. See the IRS instructions for details.
You may also include the amounts paid for the assembly, preparation and installation of these items. The maximum dollar amount for energy-efficient building property is 10% with a credit limit up to $300.
While I wouldn't say we absolutely don't, I don't feel we can confidently say we do. I'd imagine the tax credit requires certain criteria somewhere deep in tax code.Comment actions
Please sign in to leave a comment.