A full year resident taxpayer calculated a Home Energy Efficiency credit in 2006 in the amount of $600, $350 of which was claimed in 2006. The amount allowable for 2007 is $250.
| 2007 Schedule Z, Line 8 Worksheet - Home Energy Efficiency Credit | |
1. Enter the amount from 2006 Schedule HEEC, line 17 | $600 |
2. Enter the amount from 2006 Schedule HEEC, line 19 | $350 |
3. If line 1 is less than or equal to line 2, you do not qualify for this credit. Omit remainder of worksheet. Otherwise, subtract line 2 from line 1. This is the amount of home energy efficiency credit available for 2007. Enter the result her and in Schedule Z, line 8 | $250 |
