Electric Heat Pump

Forum|Forum|6 years ago
March 14, 2020
2 replies
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Under Deductions and Credits it says that "some electric heat pumps qualify for an energy credit" but I do not see where I can enter that information.

Best answer by DoninGA

@MareP wrote:

I understand where to go on the deduction (Home Energy Credits )page but the election for electric heat pump is not there! Geo thermal and natural gas are the only selections I can make. I'm not even sure if mine qualifies but I have nowhere to enter it if it did.

Marianne

For HVAC, electric heat pump water heater, natural gas, propane, or oil water heater, and a stove that burns biomass fuel to heat your home or heat water. Enter the cost in the box labeled Energy-Efficient Building Property.

DeanM15

If your electric heat pump qualifies for an energy credit, you can enter it in the Home Energy Credits section of TurboTax.

While signed in and working in TurboTax
Click on Federal in the left-hand black menu
Click on Deductions and Credits
Scroll down and click on Show More next to Your Home
Click on Start or Revisit next to Home Energy Credits

Geothermal heat pumps and electric heat pumps approved by Energy Starr are eligible for credits.

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MarePAuthor

I understand where to go on the deduction (Home Energy Credits )page but the election for electric heat pump is not there! Geo thermal and natural gas are the only selections I can make. I'm not even sure if mine qualifies but I have nowhere to enter it if it did.

Marianne

DoninGAAnswer

Employee

@MareP wrote:

I understand where to go on the deduction (Home Energy Credits )page but the election for electric heat pump is not there! Geo thermal and natural gas are the only selections I can make. I'm not even sure if mine qualifies but I have nowhere to enter it if it did.

Marianne

4153

I replaced my electric A/C with a Goodman Heat Pump in 2020. Is that deductible?

DMarkM1

Maybe. If your heat pump meets these standards per the manufacturer documents.

An electric heat pump that achieves the highest efficiency tier established by the Consortium for Energy Efficiency (CEE) in effect on January 1, 2009.

Here is a link with 2009 CEE highest efficiency tiers.

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