Federal Historic Tax Credit calculator
Estimate the federal 20% Historic Tax Credit (HTC) on certified rehabilitation expenditures. For owner-occupied or non-income-producing properties, see Arizona’s State Property Tax Reclassification page instead.
Real data· 26 U.S.C. §47 · IRS Form 3468 · NPS HPS-016
$
Hard costs: walls, floors, roofs, HVAC, plumbing, electrical. Excludes acquisition, site work, and personal property.
Arizona does not currently offer a stand-alone state HTC; bills introduced in 2022 and 2024 (HB2002, HB2433) failed in committee. Calculator hides state field if off.
Federal credit summary
$100,000
20% federal credit; ratable share over 5 years per Tax Cuts & Jobs Act (TCJA).
Annual schedule (TCJA)
Year 1$20,000
Year 2$20,000
Year 3$20,000
Year 4$20,000
Year 5$20,000
⚠ Recapture applies if the property is sold or stops being income-producing within 5 years of placement in service.
⚠ Substantial Rehabilitation test: QREs must exceed the greater of $5,000 or the building's adjusted basis.