This credit was repealed by the 2021 Montana State Legislature. You may not claim this credit after Tax Year 2021. You may still carry forward any remaining tax credit until the carryforward period expires.
You may use this form to claim your geothermal system credit.
Eligibility
An individual installing a geothermal system in their principal dwelling or a business installing a geothermal system in a new residence
Qualifying Expenditures
The costs associated with installing a geothermal system, including
- Trenching
- Well drilling
- Casing
- Piping
- Ground source pumps
- Ductwork
- Design and labor
Benefit
Up to $1,500
Carry Over
The unused credit can be carried forward up to seven years.
Related Laws
- 15-32-115, MCA
- ARM 42.4.104 and 42.4.121