I have a client who built a new home this year - he was the general contractor. Does he qualify for the $2,000 energy efficient home credit?
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Energy Credit
Nov 28, 2006
3 Replies
"WS" wrote
I believe it goes to the home buyer/home owner. If it's for his personal residence, he can take the credit.
-- Paul Thomas, CPA snipped-for-privacy@bellsouth.net
That exact question came up on one of the IRS nationwide tax forum phone calls, and the answer given was if the contractor is a corporation, yes, the corp can qaualify for the credit. Otherwise, no. __ Art Kamlet ArtKamlet @ AOL.com Columbus OH K2PZH
Were the required minimum energy efficient items installed in the house? Can't get the credit just for building a new house. ChEAr$, Harlan Lunsford, EA n LA
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