Question

Home Energy Tax Credit Not inputting information on form 5695 correctly

Forum|Forum|2 years ago
April 10, 2024
1 reply
0 views

I entered the information for a new heater and air conditioner, it shows the credit on the credit review screen, but when it goes to the next screen, total deductions and credits it shows -0-.

I went to see what was entered into form 5695, and the fields indicating if it the home was in the us, my primary home, if i was the original user, if I placed it in service all are marked "NO", when I marked them yes when filling out. Therefore, the credit doesn't qualify.

I tried changing the form directly but that didn't take affect. This needs to be fixed asap!!

Credit

L

ltexasAuthor

I forgot, it also marked that I replaced windows, not an air conditioner!!

DoninGA

Employee

Have you updated your TurboTax desktop edition to the latest release?

Click on Online and then Check for Updates.

If your software is at the latest release, then go to Forms and delete the Form 5695.

After the 5695 has been deleted go back through the Home Energy Credit section again from the start.

To enter Home Energy Credits -

Click on Federal Taxes (Personal using Home and Business)
Click on Deductions and Credit
Click on I'll choose what I work on (if shown)
Under Your Home
On Home Energy Credits, click the start or update button

After completing the Home Energy Credit section do you still have the same problem?

L

ltexasAuthor

I am still having the same problem. The program is filling in the “no” when I select “yes” I am ready to do e-file, but can’t. Monday is the due date. What can I do to make this work??