Question
My Tax Credit on Form 5695 changed from $200 to $600 after 3-1-2026 turbo tax update. Why?
I installed a new GE hybrid water heater (model QMID Z0T6) in December 2025. According to the GE rebate information and IRS Form 5695 instructions, the energy-efficient home improvement credit is 30% of the cost, up to a maximum of $2,000.
When I entered all the required information into TurboTax in February 2026, Form 5695 calculated a $2,000 tax credit, which was correctly transferred to Line 20 of my Form 1040-SR.
However, after installing the TurboTax update dated March 1, 2026, the calculated credit decreased from $2,000 to $600.
