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January 24, 2024
Question

Federal Tax Credits for Energy Efficiency

  • January 24, 2024
  • 1 reply
  • 0 views

Where do I enter information about my new water heater and insulation under The Inflation Reduction Act of 2022? I entered it into my Turbotax but it only gave me the old 10% credit. 

    1 reply

    DoninGA
    Employee
    January 24, 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...