As a homeowner, you may be eligible for an energy-efficient home improvement credit if you’ve performed a home energy audit. The Internal Revenue Service (IRS) offers this credit as an incentive for making certain energy-efficient upgrades to your home.
Conducting a home energy audit helps you identify areas where energy-efficient improvements can be made. These improvements may include upgrading insulation, windows, doors, or HVAC systems.
To qualify for the energy-efficient home improvement credit, you need to ensure that the upgrades meet the IRS guidelines. You can find their guidance at https://www.irs.gov/pub/irs-drop/n-23-59.pdf
It’s important to keep records of the improvements made and any associated costs. This credit can potentially provide significant savings on your taxes while reducing energy consumption and lowering utility bills.
Before claiming the credit, review the IRS guidelines or consult with a tax professional to ensure that you meet all the eligibility requirements. With careful planning and consideration, you can take advantage of this opportunity to make your home more energy-efficient while also enjoying the financial benefits it offers.
