If you are contemplating some energy efficient home improvements or you are considering the installation of clean energy property (solar, geothermal, battery, etc.), I highly recommend you review the FAQs included here: FS-2022-40
The inflation Reduction Act of 2022 (IRA) amended the credits for energy efficient home improvements and residential energy property. These FAQs provide details on the IRA’s changes to these tax credits, information on eligible expenditures and provides examples of how the credit limitations work.
Not sure what tax credits you might qualify for? Please contact me for more information.