I’m entering a Voltex HPTS-50 (200 series) heat pump water heater under the Energy Efficient Home Improvement Credit (Form 5695, Part II), but TurboTax is showing $0 for the credit allowed this year (Line 29H).
Details:
• Cost: ~$6,000
• Installed in primary residence in the U.S. this tax year
• Panel upgrade also entered separately (Line 25C = $5,000 → calculates $600 correctly)
• QMID entered
• All qualifying questions answered correctly (ownership, installation year, primary residence)
• We went through a county energy efficiency program for this water heater, so this is definitely a qualifying 25C heat pump water heater
According to IRS rules, a qualified heat pump water heater should calculate 30% of cost (~$1,800) in the $2,000 bucket, but TurboTax is not recognizing it.
Has anyone else run into this misclassification? Is there a recommended workaround or manual entry fix so the correct credit appears?
Thank you!
