gfizer Posted February 18, 2020 Report 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
Lee B Posted February 18, 2020 Report 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
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