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January 24, 2024
Question

TurboTax Home & Business Desktop 2023. Form 5695, Residential Energy Credits, is limited to $500 lifetime credit. Shouldn't there be a $1200 annual credit limit for 2023?

  • January 24, 2024
  • 1 reply
  • 0 views
I noticed this when I changed from step-by-step view to form view. I was entering my data for insulation and got around 1/3 of the tax credit I was expecting. Thanks.

1 reply

VolvoGirl
Employee
January 24, 2024

That form is not ready yet.  It's suppose to be ready Jan 31.