Client purhased and installed a new HVAC System (all electric) in March, 2022 for an existing home. Total cost $9,163.00. I have reviewed instructions on the tax credit and I have noted there were changes passed in December, 2022 regarding energy efficient systems. I do not see in the IRS Form 5693 where this system would be recorded and I wonder if there is a tax credit available for this system for 2022? If so, what form is to be used? Thanks for your help on this subject.
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Originally posted by Forensicacctnt View PostClient purhased and installed a new HVAC System (all electric) in March, 2022 for an existing home. Total cost $9,163.00. I have reviewed instructions on the tax credit and I have noted there were changes passed in December, 2022 regarding energy efficient systems. I do not see in the IRS Form 5693 where this system would be recorded and I wonder if there is a tax credit available for this system for 2022? If so, what form is to be used? Thanks for your help on this subject.
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