Deductions & credits


@miken55 wrote:

I installed the electric heat pump in 2023. I entered the amount in "Energy efficient building property" cost field. However, the tax credit I get is $300, although it should be 30% up to $2000 according to the IRS publication. Can you please clarify?


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 02/07/2024 (subject to change).

Go to his TurboTax website for forms availability - https://form-status.app.intuit.com/tax-forms-availability/formsavailability?albRedirect=true&product...