I submitted form 5695 via TurboTax in March 2024. I just discovered (in Feb 2025) that boxes 17a thru 17c were checked incorrectly, saying that the property was not in the USA, which it is. Today, Feb 17, 2025 I have completed my tax return. I have a tax due amount of around $700. I also have a RCEC carryforward from 2024 of $26,000 or so. TurboTax says it cannot apply my carryforward credit to my tax owed for 2025. Why? Is there a link to the incorrect lines 17a thru17c on form 5695 from last year? I tried to resubmit my 2024 return with a corrected 5695, but I cannot correct it. I had entered information correctly on TurboTax but TurboTax had checked the wrong boxes on form 5695. My immediate problem: how do I get to apply my RCEC carryforward to my tax bill for 2025? My second problem, how to correct my 2024 form 5695? Thank you.
