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February 27, 2024
Question

Form 5695

  • February 27, 2024
  • 1 reply
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When will form 5695 be correct? First, it was only allowing $300 for energy-efficient tax credits, then it was updated for the $2,000 energy-efficient text credit but had an error when utilizing the  joint occupancy option. Now it is miscalculating the energy-efficient tax credit as a mix of $500 even though it clearly stated in the description "30% up to $2,000". I have been trying to file my taxes for three weeks but unable due to these errors. When will this be fixed? Pretty sure this will be my last year utilizing TurboTax- I could have been done weeks ago. Thanks.

    1 reply

    DawnC
    Employee
    February 27, 2024

    The form is being updated.   Please sign up for notifications.  Use this link to sign up for notifications for Form 5695.   Sign up for Form 5695 notifications.    

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    March 1, 2024

    It appears that the form has been updated but the credit amount is still incorrect. It is stating $500 and should be $2,000. When will this be remedied?

    March 2, 2024

    Please take a look at the following TurboTax help article and click the link to register your email address so that you are notified when the situation is corrected:

     

    Why is TurboTax limiting my Home Energy Credit when I have a non-spouse occupant?

     

    @michele819 
     

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