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Get your taxes done using TurboTax
The most likely reason is that another credit or credits have offset your tentative tax before your energy property credit could be applied, causing the credit to be carried over to the next tax year.
To see the prioritization of credits – that is, any credits that would be applied to tax before your Form 5695 credit – please see the Residential Clean Energy Credit Limit Worksheet—Line 14 in the Instructions for Form 5695.
February 8, 2023
12:43 PM