The tax allowable tax credit for Air Source heat pumps is up to $2000, depending on type and is detailed here: https://www.energystar.gov/about/federal_tax_credits/air_source_heat_pumps
The allowable credit for furnace is up to $600, depending on type, and is detailed here: https://www.energystar.gov/about/federal_tax_credits/natural_gas_propane_oil_furnace
Turbotax 2023 allows entry of these under Duductions and Credits > Home Energy Credits.
Turbotax 2023 does not ask for information on efficiency, which is necessary for the calculations. Nor does it provide the correct calculation of allowable amount. It caps the amounts at an INCORRECT value of $300 for the heat pump and $150 for the furnace.
How to remedy this issue?
