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January 19, 2024
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Energy Efficient Home Improvement Credit - 2023 Windows

  • January 19, 2024
  • 1 reply
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TurboTax appears to be under-calculating the credit for Energy-efficient windows in 2023.

We spent over $12K and the IRS website says the credit is 30% up to max of $600.

https://www.irs.gov/credits-deductions/energy-efficient-home-improvement-credit

  "

  • Exterior windows and skylights that meet Energy Star Most Efficient certification requirements. Credit is limited to $600 total."

However, TurboTax is only showing $200 credit.

    Best answer by DoninGA

    The Form 5695 Residential Energy Credits for tax year 2023 has not yet been finalized in TurboTax.

    The Form 5695 is scheduled to be available in TurboTax on 01/31/2024 (subject to change).

    Go to his TurboTax website for forms availability - https://form-status.app.intuit.com/tax-forms-availability/formsavailability?albRedirect=true&product...

    1 reply

    DoninGA
    DoninGAAnswer
    Employee
    January 19, 2024

    The Form 5695 Residential Energy Credits for tax year 2023 has not yet been finalized in TurboTax.

    The Form 5695 is scheduled to be available in TurboTax on 01/31/2024 (subject to change).

    Go to his TurboTax website for forms availability - https://form-status.app.intuit.com/tax-forms-availability/formsavailability?albRedirect=true&product...