![]() Who qualifies to claim a residential energy property credit? Are there limitations? (updated April 27, 2021)Ī. The credit had previously been extended by legislation several times. See Notice 2013-70 for more information on this credit as well as the credit for alternative energy equipment. On December 27, 2020, the credit was again extended through December 31, 2021, by the Consolidated Appropriations Act, 2021. The nonbusiness energy property credit expired on Decembut was retroactively extended for tax years 2018, 2019 and 2020 on Decemas part of the Further Consolidated Appropriations Act. The residential energy property credit, which expired at the end of December 2014, was extended for two years through December 2016 by the Protecting Americans from Tax Hikes Act of 2015. The Consolidated Appropriations Act, 2018 extended the credit through December 2017. Please note that qualifying property must meet the applicable standards in the law.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |