IRS form 5695 & instructions: Residential Energy Credits
A tax payer may claim a credit of 30% of qualified expenditures for a system that services a dwelling unit in the U.S. used as a residence by the tax payer. If the installation is in a new home, the "placed in service" date is the date of occupancy by homeowner.

Expenditures include labor costs for onsite preparation, assembly, or original system installation and for piping or wiring to interconnect a system to the honme. If the federal tax credit exceeds tax liability, the Excess amount may be carried forward to the succeeding taxable year. The home served by the system does not have to be taxpayer's principal residence

For more information email lebeaugeo@att.net

License #32595 - HVAC Cert.