- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Thank you again! I apologize if I sound (or sounded) 'dense'--I did not realize that a gas furnace fell into the category of 'water boilers' so did not think to check in that category for information related to gas furnaces. This is the first time I've had any type of home improvements that might qualify for entry on my taxes.
It seems that since I only have the installation cost for my HVAC (in total-rather than separately), I will need to find out the separate costs for the air conditioner as well as the furnace. (I know that sounds very obvious, but since this is a government form I'm filling out I want to be sure this is what's expected.)
Assuming that I'm able to find out that information--that leads me to a few more questions.
I've read through the IRS's information regarding filling out the proper form (5695) in their 'Home Energy Tax Credits'. In one of the FAQ's about how to get the credit, it says: "Fill out IRS Form 5695, following IRS instructions, and include it when filing your tax return. Include any relevant product receipts." If I'm amending my online return, does that mean I will have to mail in hard copies of all of those documents (the form, plus documentation showing the cost and installation dates) along with a printed version of my federal taxes? (For the one related to the HVAC, that would have to be an itemized listing of the furnace and ac separately that also shows the date of installation--or the invoice date--which was originally about a week before it was installed I believe?)
I realize that the information regarding the actual filing of my amended return is probably included in the online version of the taxes, but since I'm not at that point yet I just wanted to know what would be expected of me.
I greatly appreciate everyone's patience with all of my questions/clarifications as I work through this new-to-me experience!