Following the enactment of the Inflation Reduction Act in 2023, most homeowners can now claim up to $1200 for installing insulation systems in the attic.
You may be eligible claim the energy efficient home improvement credit for improvements to your main home. For the energy efficiency home improvement credit, the home must be:
In most cases, the home must be your primary residence (where you live the majority of the year). You can’t claim the credit if you’re a landlord or other property owner who doesn’t live in the home.
File Form 5695 Residential Energy Tax Credit, Part II, with your tax return to claim the credit. You must claim the credit for the tax year when the insulation is installed, not when it is purchased.
We provide you with a Quality Insulation invoice for the work performed to include in your claim.
Although we are familiar with the program, We are not tax professionals and would recommend everyone read the information provided below or speak to your tax professional for more information. We suggest you do your homework and look at the links provided.
These new tax credits along with a potential CPS Energy rebate make adding insulation one of the best home improvement investments you can make!
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