Limitation where credit rate exceeds 20 percent
(A) In general
(A)In general#
If the certificate credit rate exceeds 20 percent, the amount of the credit allowed to the taxpayer under paragraph (1) for any taxable year shall not exceed $2,000.
(B)Special rule where 2 or more persons hold interests in residence#
If 2 or more persons hold interests in any residence, the limitation of subparagraph (A) shall be allocated among such persons in proportion to their respective interests in the residence.