Question: A taxpayer is making some changes to their home by installing some energy-efficient property in TY2023. Last year, they claimed $300 in nonbusiness energy property
A taxpayer is making some changes to their home by installing some energy-efficient property in TY2023. Last year, they claimed $300 in nonbusiness energy property credit for similar changes. This year, they have $15,000 in qualified energy improvements installed. What is the potential maximum amount of the nonbusiness energy property credit that they can take for TY2023?
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