Hello. I had a new natural gas furnace installed in my home last year. Am I allowed any deduction/credit on my 2007 taxes (i.e. home energy credits and/or form 5695) or does it "depend"?
Thanks, Walter
New nat gas furnace - energy credits?
Mar 11, 2008
1 Replies
If you go to IRS.gov web site and then download form 5695, you can read up on what qualifies and what doesn't. But, unless this new furnace is specifically mentioned as qualifying with reference to certain standards contained in those instructions,you're out of luck.
Like my client today whose brand new heat pump didn't meet the SEER or S.. something or other ER ratings.
ChEAr$, Harlan Lunsford, EA n LA
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