pakottmann
Level 2
01-30-2021
03:27 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Taxpayer received a Grant to pay for a Furnace and A/C, but a lien is against her property for 5 years. Can she still take the energy credit?? I am leaning to NO but since there is a lien against the property for the amount of the Furnace/AC....I am wondering???
Labels
sjrcpa
Level 15
01-30-2021
04:09 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Cost of furnace and A/C less amount of grant = amount eligible for credit. Could be zero.
The more I know the more I don’t know.