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Returning Member
posted Mar 7, 2024 7:26:25 PM

I entered info for my new A/C unit and I can see the credit for $600 on form 5695. However, at the end of my return, that $600 is missing in the total. Why is that?

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2 Replies
Expert Alumni
Mar 8, 2024 8:36:45 AM

The credit is 30% of the total costs up to a maximum of $600.

However, The credit is nonrefundable, so the credit amount you receive can't exceed the amount you owe in tax. 

IRS.gov

Returning Member
Mar 10, 2024 6:20:02 PM

The answer that was provided for my question did NOT solve the issue. That answer is in the basic explanation of the HOME Energy credits section. 

I called a tech and discussed with him. The line on Home Energy Credit still showed only the Carry forward from last year but did not add the $600 I am talking about. While it was being discussed and he was researching, I just happened to add the total on that page of 'Deductions & Credits section'. 

There is a Turbo Tax software bug on the credit section. The total at the end in the bottom is correct (including the $600). However, when you add the items the total is actually $600 short. ???

So at the end the details page looks incorrect, but the calculation for tax was correctly done. So I moved forward. 

Thanks