sstallar
New Member

Form 5695 - Natural Gas Furnace Tax Credit

The way I read the EPA website, I'm eligible for a tax credit for my high efficiency natural gas furnace I installed in 2023.  https://www.energystar.gov/about/federal_tax_credits/natural_gas_propane_oil_furnace

 

I also see that form 5695 includes the following lines:

 

24a Enter the cost of natural gas, propane, or oil furnace or hot water boilers . .

b Multiply line 24a by 30% (0.30). Enter the results. Do not enter more than $600 .

 

However, there does not seem to be an option to take this credit within TurboTax Deluxe.  I didn't figure this out until after I filed my taxes.