Form 5695 (Residential Energy Credits) is used to calculate tax credits for energy efficient improvements and alternative energy equipment. To add or remove this form:
- Open or continue your return
- Inside TurboTax, search for this exact phrase including the comma and spaces: 5695, residential energy credit
- Select the Jump to link in your search results
- At the bottom of the Energy-Saving Home Improvements screen, answer Yes, then select Continue
- To delete the 5695, answer No, select Continue, and then answer Yes on the following screen to confirm the deletion
- Follow the instructions to enter your energy-saving improvement costs
If you made energy efficient improvements to your home like energy-saving roofs, windows, skylights, and doors, you'll be able to claim the Energy Efficient Home Improvement Credit for 10% of amounts paid for qualified energy efficiency improvements, up to a lifetime cap of $500 or fixed dollar amounts ranging from $50 to $300 for energy efficient property, including furnaces, boilers, biomass stoves, heat pumps, water heaters, central air conditioners, and circulating fans. See Energy Credits
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