Limits
A tax credit of up to $1,500 is available to individuals for nonbusiness energy property, such as residential exterior doors and windows, insulation, heat pumps, furnaces, central air conditioners, and water heaters.
a. The credit is 30% of qualified costs. b. There is a lifetime credit of $1,500. c. The improvements must be installed in the taxpayer's principal residence in the United States.
Read more about this topic: Nonbusiness Energy Property Tax Credit
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—George Orwell (1903–1950)
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—Charlotte Davis Kasl (20th century)
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—Ralph Waldo Emerson (1803–1882)