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I replaced my home thermostat with a smart thermostat, should I include this under my home office deductions or under energy saving home improvement or both

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June 4, 2019
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TurboTax Self Employed Online

Best answer by HelenaC

Smart thermostats are not eligible for the energy credit. See Can I claim energy-efficient appliances or energy-saving home improvements?

You may be able to claim it under your home office. Repairs are deducted, where as improvements are depreciated.

Per 2016 Publication 587 - IRS.gov page 9: A permanent improvement increases the value of property, adds to its life, or gives it a new or different use. Examples of improvements are replacing electric wiring or plumbing, adding a new roof or addition, paneling, or remodeling.

These are entered in the Deductions & Credits section:

Open your return, if you don't already have it open.
In TurboTax, search for energy improvements. (Do not search for "energy credit," as this will take you to the wrong place in the program.)
Click the "Jump to" link in the search results.
At the bottom of the Energy-Saving Home Improvements screen, answer Yes and continue. Follow the on-screen instructions.

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HelenaCAnswer

Employee

Smart thermostats are not eligible for the energy credit. See Can I claim energy-efficient appliances or energy-saving home improvements?

You may be able to claim it under your home office. Repairs are deducted, where as improvements are depreciated.

Per 2016 Publication 587 - IRS.gov page 9: A permanent improvement increases the value of property, adds to its life, or gives it a new or different use. Examples of improvements are replacing electric wiring or plumbing, adding a new roof or addition, paneling, or remodeling.

These are entered in the Deductions & Credits section:

Open your return, if you don't already have it open.
In TurboTax, search for energy improvements. (Do not search for "energy credit," as this will take you to the wrong place in the program.)
Click the "Jump to" link in the search results.
At the bottom of the Energy-Saving Home Improvements screen, answer Yes and continue. Follow the on-screen instructions.