Some eligible and ineligible project expenses

Rehabilitation of a historic theater in New York, New York, involved repair of its elaborate ceilings. Photo: NPS files

What expenses are eligible and what expenses are ineligible to receive credit for which the 20% tax credit can be claimed in a rehabilitation project?

Answer

The IRS administers the Department of the Treasury’s involvement with the Federal Historic Preservation Tax Incentives Program.

Learn about eligible and ineligible expenses from the IRS.

For More Information

Tax Aspects of Historic Preservation - Frequently Asked Questions