Question for the Money Doctors
Question submitted on Feb 12, 2023.
QuestionHi, in 2021 I replaced the entire roof on my house at the cost of $8,291. Is this eligible for a credit on my federal income tax for that year? Thank you.
Hi. As with the answers to most income tax questions, it depends. You would have needed to have used qualifying materials. The link below does a good job of outlining the qualifications. If you think you may qualify, I'd suggest engaging a CPA in your area to help you with the filing since the rules can be a bit complex.
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