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Deductions & credits
@Rick in Chicago wrote:
As of January 25, 2024, the residential energy credit for insulation is still calculating wrong at 10% limited to $500, instead of 30% limited to $1,200.
The Form 5695 Residential Energy Credits for tax year 2023 has not yet been finalized in TurboTax.
The Form 5695 is scheduled to be available in TurboTax on 01/31/2024 (subject to change).
Go to his TurboTax website for forms availability - https://form-status.app.intuit.com/tax-forms-availability/formsavailability?albRedirect=true&product...
‎January 26, 2024
9:57 AM
1,591 Views