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Can a homeowner use the $1500 tax credit towards a single appliance installation?

April 26, 2017appliance Homeowner installation tax credit

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Can a homeowner use the $1500 tax credit towards a single appliance installation?

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Yes, since the per appliance caps have been removed by this new legislation, a homeowner may use the entire $1500 in tax credits for installing a single qualified appliance, such as a furnace, air conditioner, heat pump, etc. up to 30% of the installed cost of that one appliance.