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SKBTexas
January 14, 2024
Question

Home residential energy credit issues

  • January 14, 2024
  • 1 reply
  • 0 views

We made several home upgrades that qualify for the Inflation Reduction Act tax credits, but my TurboTax package is having issues with them. It won't take me to Form 5695, Part II Energy Efficient Home Improvement Credit using the Q&A format. So I went to the form itself. Get the message we qualify for $1,200 credit, but then it's not applied to our tax due and no Form 1040 Schedule 3 showing the credit is to be found. What's up here?!? This is the same product I bought last year, but seems to be offering less.

1 reply

rjs
Employee
January 14, 2024

Form 5695 has not yet been updated for 2023. The form and the interview are tentatively expected to be available January 25. (That date could change.) Try again after January 25.

 

SKBTexas
SKBTexasAuthor
January 14, 2024

Thank you! I will try to be more patient!