Question
In 2023, Izzie paid $5,000 for qualified solar electric property and $4,000 for qualified fuel cell property with one kilowatt of capacity for her vacation
In 2023, Izzie paid $5,000 for qualified solar electric property and $4,000 for qualified fuel cell property with one kilowatt of capacity for her vacation home. She also paid $10,000 for qualified solar water heating property for her personal residence. What is her maximum residential energy efficient property credit for 2023?
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South-Western Federal Taxation 2018 Comprehensive
Authors: David M. Maloney, William H. Hoffman, Jr., William A. Raabe, James C. Young
41st Edition
1337386006, 978-1337386005
