Federal tax credit for heat pumps under the Inflation Reduction Act: 30% of costs up to $2,000 maximum
Cost of heat pump unit(s)
Labor and installation expenses
Electrical work, permits, etc.
Your Federal Tax Credit:
Total Project Cost:
Credit Percentage:
30%
Calculated Credit:
Maximum Allowed:
$2,000
Eligibility Requirements:
- Must be installed in your primary residence
- Heat pump must meet ENERGY STAR requirements
- Installation must occur between 2023-2032
- Credit is non-refundable (reduces tax liability only)
- Consult a tax professional for specific guidance
How to Use Heat Pump Federal Tax Credit Max Claim Calculator
Select your heat pump type and add all project costs. The calculator computes your 30% federal tax credit with $2,000 cap. See breakdown of eligible credit and requirements for claiming.