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Question: Do I qualify for a tax write off for installing a new furnace / heating / ac system in my home ?


Question by apod00: Do I qualify for a tax write off for installing a new furnace / heating / ac system in my home ?

Best answer:

Answer by Jimee77
If you installed a qualified natural gas, propane, or oil furnace or hot water boiler, you can get a $ 150 energy credit on your tax return.

The only deduction for these type of home improvements is the energy credit, which is only a fraction of the cost of the improvements.

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One Response to Question: Do I qualify for a tax write off for installing a new furnace / heating / ac system in my home ?

  1. PepsiLime

    It’s not a tax write off, but a tax credit. There are various credits for a variety of home improvements, including new furnace. I have included a link to Form 5695, which is the form for the energy improvement credits.

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