Announcement

Collapse
No announcement yet.

Residential Energy Credit limited to $500

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Residential Energy Credit limited to $500

    Married couple during 2006 & 2007 take credit of $500. They divorce in 2008. In 2010 wife purchases new house and in 2011 purchases biomass stove qualifying for the credit. Can she take a credit or the fact when she was married they had used the $500 would disqualify her?

    #2
    Just thinking out loud, I would attribute 1/2 of the credits already taken, to apply in 2011 against any credit on her return.
    Haven't researched this, however.

    Comment


      #3
      I guess that was what I was leaning toward. Can't seem to find anything regarding this in any pubs.

      Comment


        #4
        does the credit apply to the person or the house? just curious

        Comment


          #5
          Good point. Don't know of any ruling or specific mention.

          Comment

          Working...
          X