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I qualify for the energy conservation credit this year but am unable to claim the full amount of my credit because my income tax liability is less than $500. Can I carry my unused credit forward?

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I qualify for the energy conservation credit this year but am unable to claim the full amount of my credit because my income tax liability is less than $500. Can I carry my unused credit forward?

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No, you cannot. The energy conservation installation credit is considered a nonrefundable single year credit. You cannot carry forward any unused portion of your credit to succeeding tax years.

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