qbteachmt
Level 15
01-28-2024
11:00 AM
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"Credits for improvements made in tax year 2022 or earlier can be made through 2032."
That's not quite how to read this provision. It means that further improvements, even into 2032, may still meet provisions that extend to 2032 instead of sunsetting sooner.
It's right here:
"The amount of the credit you can take is a percentage of the total improvement expenses in the year of installation"
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Don't yell at us; we're volunteers
Don't yell at us; we're volunteers