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February 17, 2020
Question

I received a notice from my gas company with my amount to put in for the home heating credit. I cannot find it anywhere. where do I put that amount in>

  • February 17, 2020
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February 17, 2020

Qualified energy-saving improvements are entered in the Deductions & Credits section:

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

You can't claim Energy Star appliances or water-saving improvements like low-flow toilets, low-flow shower-heads, or xeriscaping on your federal return. However, many state and local governments and utility companies offer incentives or rebates for energy- or water-saving home improvements. An online search will reveal what your state has to offer (for example, you might search for Arizona toilet rebate or California water saving incentives).

 

Under the Residential Energy Efficient Property Credit, you can get a federal tax credit for installing alternative energy equipment, such as solar electric property, solar water heaters, geothermal heat pumps, small wind turbines, and fuel cell property.

 

If you made energy efficient improvements to your home like energy-saving roofs, windows, skylights, and doors, you'll be able to claim the Nonbusiness Energy Property Credit for 10% of amounts paid for qualified energy efficiency improvements, up to a lifetime cap of $500 or fixed dollar amounts ranging from $50 to $300 for energy efficient property, including furnaces, boilers, biomass stoves, heat pumps, water heaters, central air conditioners, and circulating fans.

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