Credits

Is the residential energy credit available when making upgrades at my second home?

Understanding Eligibility for Residential Energy Credits on Secondary Properties

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Tax Expert Team

Tax Expert

3 min read
Published on 7 months ago
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The Energy Efficient Home Improvement Credit (Part II of Form 5695) is generally available for qualifying energy-efficient improvements made to a qualified residence used by the taxpayer as a home in the United States. However, the credit does not generally apply to properties used solely as rental or investment properties.

Eligibility Requirements

Qualified Residence Requirement

To qualify:

  • The property must be located in the United States
  • The property must be used by the taxpayer as a residence during the tax year
  • Improvements must be installed in a qualifying home used by the taxpayer

While most claims involve a primary residence, certain secondary homes used as residences may also qualify if they meet IRS requirements. Rental-only properties generally do not qualify.

Original Use Requirement

  • The taxpayer must be the original user of the installed property
  • The property must be newly placed in service during the tax year

What Improvements May Qualify

Eligible improvements generally include:

  • Insulation and air sealing materials
  • Exterior doors, windows, and skylights
  • Heat pumps and heat pump water heaters
  • Central air conditioners
  • Natural gas, propane, or oil furnaces and water heaters
  • Electrical panel upgrades (subject to limits)
  • Home energy audits

Credit Amounts and Limits

  • Generally 30% of qualified expenses
  • Subject to annual limitations (commonly up to $1,200 total per year for most improvements)
  • Certain qualifying heat pump and biomass property may qualify for a separate higher annual limit (up to $2,000)

Important Note

The credit is nonrefundable and is only available for qualifying property installed in a home that meets IRS residency requirements. Rental or investment-only properties do not qualify.

Source:

Form 5695 Instructions (2025)

Disclaimer: Always verify eligibility and requirements with the current IRS Form 5695 and its instructions, or consult a tax professional. State-specific rules may also apply.

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Key Takeaways

  • Understanding tax deductions can significantly reduce your tax liability
  • Keep detailed records of all tax-related expenses and documents
  • Consult with a tax professional for complex situations

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