On energy-star website it says I can claim 30% of the total cost of heater plus installation which was $2800 installed 2023. However credit only shows $300?

Forum|Forum|2 years ago
January 16, 2024
2 replies
12 views

Something seems to be off. $300 is not 30 percent of the total cost..

TurboTax Basic Windows

VolvoGirl

Level 15

The energy section has not been updated yet. It's still has the 2022 amounts. You need to wait.

sugarsliceAuthor

Level 2

Hi! I have went through two app updates and still showing no changes for the energy credits.

DoninGA

Level 15

@sugarslice wrote:

Hi! I have went through two app updates and still showing no changes for the energy credits.

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 02/07/2024 (subject to change).

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

rjs

Level 15

The energy credits section of TurboTax is not yet available for filing because it has not yet been updated for 2023. Form 5695 is tentatively expected to be available January 25. (That date could change.) Try entering the credit again after January 25.