Carrier Furnaces: Federal Tax Credit Cheat Sheet

95-or-higher AFUE

The entire installed cost of a 95-or-higher AFUE furnace qualifies for the 30% tax credit.

Below-95 AFUE

IRS guidance (IRS Notice 2009-53) for below-95 AFUE furnaces that contain an Advanced Main Air Circulating Fan (AMACF) is that only the portion of the installed furnace cost allocable to the AMACF is eligible for the Tax Credit. The cheat sheet shows the portion of the installed furnace cost that is eligible for the tax credit.

Note:

Some furnaces qualify at different levels depending on the installation configuration. If the furnace does not qualify for a tax credit in a certain configuration, the value shown in the Table is 0%. Some limitations apply and consumers should consult with their tax advisor and/or IRS publications to determine how these credits would apply in their situation and for complete instructions on how to claim the Tax Credits.

Download the cheat-sheet

Click here to download the gas furnace tax credit cheat-sheet.