hgtc
Level 5

Taxpayers purchase tankless water heater for $950.  They received $600 rebate from So Cal Gas Company.

To calculate 10% credit, do I use $350 as their costs?  Or, use original amount of $950?

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sjrcpa
Level 15

Their cost of $350.


The more I know the more I don’t know.
hgtc
Level 5
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