2009 nonbusiness energy credit

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  • duanecpa
    Senior Member
    • Dec 2008
    • 112

    #1

    2009 nonbusiness energy credit

    Does anyone know if this credit is against a federal tax liability or, like the first-home buyer credit, a payment to the taxpayer even though the taxpayer may not have any tax liability?

    The question relates to whether a retired person who updates their energy efficiency will receive a tax benefit if they have limited federal tax liability.
  • jimmcg
    Senior Member
    • Aug 2005
    • 633

    #2
    Originally posted by duanecpa
    Does anyone know if this credit is against a federal tax liability or, like the first-home buyer credit, a payment to the taxpayer even though the taxpayer may not have any tax liability?

    The question relates to whether a retired person who updates their energy efficiency will receive a tax benefit if they have limited federal tax liability.
    It is a non refundable credit.

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