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Are the energy efficient tax credits limited by the Alternative Minimum Tax (AMT)?

  • October 18, 2024 17:12

A taxpayer who is subject to the AMT is eligible to claim both the Energy Efficient Home Improvement Credit and the Residential Clean Energy Property Credit and may offset the AMT with those credits.
 

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  • What tax credits are available?
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  • Can I use the 1040EZ or 1040A form and get the tax credit for energy efficiency? Do I have to itemize?
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  • What is a "principal residence?"

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Articles in this section

  • What tax credits are available?
  • I've heard there is a new QM code or PIN requirement for claiming the tax credits in 2025. What do I need to do?
  • What records should I keep when claiming the tax credits?
  • Are the energy efficient tax credits limited by the Alternative Minimum Tax (AMT)?
  • What tax form do I need for the tax credit?
  • What is the history of the tax credits?
  • What is a "principal residence?"
  • Is the tax credit non-refundable?
  • Can I use the 1040EZ or 1040A form and get the tax credit for energy efficiency? Do I have to itemize?
  • Can I still get a tax credit for a home improvement installed 2 years ago that I failed to apply for?

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