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

No Federal Tax Was Withheld From Paycheck

Why didn't your employer take any federal withholding taxes out of your paycheck? Learn the answer from the tax experts at H&R Block.

Tax Implications of a Divorce Decree

Why should you follow your divorce decree when it comes to dependents? Learn how divorce may affect claiming dependents. Get tax answers at H&R Block.

Learn How To Apply For An EIN

Do you need to get an EIN for your small business? Learn more about the EIN application process and get tax answers at H&R Block.

Unemployment Benefits And Child Tax Credit

Can you claim the child tax credit if unemployment benefits were your only source of income? Learn more from the tax experts at H&R Block.