Question

I’m claiming an energy credit refund. Why didn’t my refund go up?

Answer

The energy tax credit isn’t a refundable credit that would result in you receiving money. The energy credit is a nonrefundable credit that can only reduce the tax you owe to $0. You won’t receive a refund for any remaining credit amount. Some credits, such as a credit for having a heat pump for example, might carry forward to the next tax year.

Related Topics

Related Resources

How Does Changing Jobs Affect Your Tax Return?

Changing jobs can come with tax implications like job search and moving expense deductions. Learn more about these potential benefits at H&R Block.