The IRS issued Notice 2023-59 regarding the requirements for home energy audits for taxpayers who wish to include the audit cost when claiming the Energy Efficient Home Improvement Credit. The Inflation Reduction Act of 2022 introduced several clean energy credits, each with specific requirements for the type of clean energy property or service purchased and how the credit is claimed. This includes a non-refundable Energy Efficient Home Improvement Credit for the purchase and installation of certain energy-efficient improvements in a taxpayer’s principal residence.
Need more information on how to claim this tax credit? Contact this office for assistance.