2024 Tax Credits For Heat Pump Replacement Windows. Doe’s office of state and community. The federal inflation reduction act (ira) and the washington state legislature provides funds to support home improvements like energy efficiency and home electrification measures.

The heat pump tax credit is now available to install the following types of. Beginning with the 2023 tax year (tax returns filed now, in early 2024), the credit is equal to 30% of the costs for all eligible home improvements made during the year.