@nottap63 wrote:
No offense moniKaK1 but your whole previous post didn't answer anyone's question as to where the roof credit should be added. As I stated before, if it's added to the component spot, it calculates at 30%, not 10%. Turbo Tax needs to upgrade their form and add a "roof" option that calculates correctly.
As mentioned, Congress specifically removed "roofs" from the tax code. Instead, there is "building envelope component." This is a general term for any system "that is specifically and primarily designed to reduce heat loss or gain of a home when installed in or on such a home." If you believe your roof meets the efficiency standards specified by the IECC, you should include it in the box for "Insulation material or system."
As a result of changes in the Inflation Reduction Act, the credit has been revised to a maximum of 30%, not 10%, and a revised maximum total dollar amount of $1200. However, you may only include the cost of materials, not labor or installation.
The Turbotax interview follows IRS form 5695. It can't go off on its own.
