gfizer Posted February 18, 2020 Report Share Posted February 18, 2020 Client has a geothermal system which was installed several years ago. He had to have the compressor replaced this year to the tune of $2000. As a repair, would this qualify for the energy credit? I'm thinking no but of course the client thinks yes. Quote Link to comment Share on other sites More sharing options...
Lee B Posted February 18, 2020 Report Share Posted February 18, 2020 Copied from the Instructions for Form 5695: "For purposes of both credits, costs are treated as being paid when the original installation of the item is completed" Quote Link to comment Share on other sites More sharing options...
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