Question
Louis bought an older home to serve as his primary residence and has been fixing it up since 2017. In 2017, he replaced the windows
Louis bought an older home to serve as his primary residence and has been fixing it up since 2017. In 2017, he replaced the windows and claimed a nonbusiness energy property credit of $200. In 2018, he replaced the front door at a cost of $2,000 when the credit was not available. In 2020, he installed an advanced main air circulating fan to his natural gas furnace at a cost of $1,850. What should Louis do to claim his energy credits? Amend the 2018 return to claim a $200 credit for the door. On his 2020 return, claim a credit of $185 for the fan. Amend the 2018 return to claim a $200 credit for the door. On the 2020 return, claim a credit of $50 for the fan. Include the door and the fan on his 2020 tax return for an energy credit of $385. The nonbusiness energy property credit expired at the end of 2017. There is nothing for Louis to claim.
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