Tax Policy Center

Fiscal Facts

October 23, 2023
Residential energy credits tend to benefit higher income groups. In 2020, taxpayers with adjusted gross income (AGI) over $100,000 reported 48% of total AGI and claimed 54% of the credit amount, while those with AGI under $25,000 reported 5% of AGI and cl
Fact: 
Residential energy credits tend to benefit higher income groups. In 2020, taxpayers with adjusted gross income (AGI) over $100,000 reported 48% of total AGI and claimed 54% of the credit amount, while those with AGI under $25,000 reported 5% of AGI and claimed 1% of the credit.
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