303CPA
New Member

Has Turbotax updated for the new IRA tax credits amounts? Its currently still showing a $300 credit for a tankless water heater that which I believe now gets $600 credit

I recently upgraded my waterheater to tankless and the inflation reduction act increased the credit amounts to $600.  Turbo tax is still showing it as $300 unless I am looking in the wrong section of the inputs. See below forinsight. 

https://www.energystar.gov/about/federal_tax_credits/tax_credits_homeowners/water_heaters_natural_ga...