- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
That's in the wrong place in the current year's forms. The 26% explanation provided is correct, but any entry on that particular line only provides a 10% credit.
Either the line needs to ask additional questions as to whether it is a biomass stove/heater (since all the others are 10percenters), or the Biomass question needs to be implemented on the page with the Solar energy credits. Please check with the software folks about this to see what they are going to do.
________________________________________
That part has not been implemented in the software yet,........the software hasn't been upgraded yet for the move of Biomass stoves credit to a new area on this year's 2021 forms.....and interview is not changed to deal with it.
If you made any $$ entries in the "Energy-Efficient Building Property" section, go back thru the home energy credits and take out the entry you made.
THEN: The final form 5695 is scheduled to be implemented AFTER 3 Feb, so come back after the 4th and go thru the Q&A again. It "should" then be part of the entries on the Solar energy credits page and not the Energy-Efficiency building property upgrades section...(But I can't really know exactly where they will put it).