What Home Improvements are Tax Deductible? When it comes to tax deductions for home improvements, it’s important to understand which expenses qualify and which do not. In general, home improvements on a personal residence are not tax deductible for federal income taxes. However, there are two instances in which you may qualify for a tax break for making specific additions or improvements to your home. If you installed energy efficient equipment at your home, such as solar panels or geothermal heat pumps, you may be able to claim a tax credit on your IRS return. These energy efficient home improvements
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