The IRS just released new and revised guidance on the energy efficient home improvement credit.
Beginning January 1, 2025, only products from a Qualified Manufacturer (QM) will be eligible for the credit. Each product from a QM will be provided a PIN number and taxpayers must include the PIN on their tax returns. PIN numbers are not required for insulation materials or home energy audits.
If you plan to make energy efficient home improvements - new windows, new HVAC system, new water heater, etc. - make sure the company you are buying from is a Qualified Manufacturer and that they provide the PIN number for each product you purchase. The IRS will publish a list of QMs to help taxpayers verify eligibility before purchasing items. The PIN will be affixed to the product, packaging or a document inside the packaging. If it is missing, you can request the PIN from the manufacturer. For purchases in 2025 a manufacturer can provide you with a 4-digit QM code in lieu of a PIN but beginning in 2026 they must provide a 17-digit PIN.
Beginning January 1, 2025, only products from a Qualified Manufacturer (QM) will be eligible for the credit. Each product from a QM will be provided a PIN number and taxpayers must include the PIN on their tax returns. PIN numbers are not required for insulation materials or home energy audits.
If you plan to make energy efficient home improvements - new windows, new HVAC system, new water heater, etc. - make sure the company you are buying from is a Qualified Manufacturer and that they provide the PIN number for each product you purchase. The IRS will publish a list of QMs to help taxpayers verify eligibility before purchasing items. The PIN will be affixed to the product, packaging or a document inside the packaging. If it is missing, you can request the PIN from the manufacturer. For purchases in 2025 a manufacturer can provide you with a 4-digit QM code in lieu of a PIN but beginning in 2026 they must provide a 17-digit PIN.
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