State tax filing
Let's back up. Form 5695 has two parts.
- Part 1 has the residential energy credit. The credit shows on line 15 with the carryforward on line 16.
- Part 2 has the energy efficiency credit. Line 32 shows the credit and there is no carryforward.
Line 31 has a worksheet that pulls in your other credits. Since your line 31 is nothing, you don't have a tax liability to reduce. Therefore, line 32 shows no credit.
