Tax Credit Available for Taxpayers Making Energy Efficient Updates to Their Homes: IRS

Taxpayers can claim two types of credit: the Energy Efficient Home Improvement Credit and the Residential Clean Energy Credit.
Tax Credit Available for Taxpayers Making Energy Efficient Updates to Their Homes: IRS
The Internal Revenue Service building is seen in Washington on Feb. 2, 2024. Brendan Smialowski/AFP via Getty Images
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The Internal Revenue Service (IRS) said on Thursday that taxpayers may qualify for home energy credits if they make certain energy-efficient improvements to their homes.

The Inflation Reduction Act expanded the credit amounts and types of qualifying expenses introduced in 2022, the agency said in a statement on May 9.