IRA Tax Breaks

Here's the full document of the Inflation Reduction Act. Qualified heat pumps and solar projects will now receive a whopping 30% tax credit (so, off of the bottom line of taxes you owe, to be applied in the year you're filing or the following year). Heat pumps were previously a flat-rate $350 and solar panels were 26% ITC, so both have been increased to help you save money while you're saving the environment.