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During Tax Year 2023, Ji-Min purchased an electric heat pump at a cost of $7,000 for her main home. She purchased her home in 2018
During Tax Year 2023, Ji-Min purchased an electric heat pump at a cost of $7,000 for her main home. She purchased her home in 2018 and it is located in the United States. Her tax liability is $2,575. What is the amount of Ji-Min's Energy Efficient Home Improvement Credit?
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South-Western Federal Taxation 2020 Comprehensive
Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman
43rd Edition
357109147, 978-0357109144
