- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
@davidhopkinsberry wrote:
It's February 28 and the problem in Turbotax has not been fixed. I installed $19k electric heat pump and am only getting a $500 credit, per Turbotax. It should be $2000.
If you are sharing the ownership of the home and are not filing as Married Filing Jointly, there is a bug in the TurboTax software for the Form 5695. If you alone paid for the item it is not giving you the $2,000 credit but an incorrectly calculated number.
This is a known error and is being worked on by the software developers.
‎February 28, 2024
8:42 AM