Why is the home energy credit tax break tool not pulling up 30% of what I spent on "Furnaces powered by natural gas, propane or oil" when I file?

Kels372635 · ‎January 29, 2024

I spent $4850 for a new natural gas furnace in 2023. I was hoping to get $600 back [the max for line 24b on form 5695], but it's only pulling up a $150 tax break. What could be causing that?

xmasbaby0 · ‎January 29, 2024

Click Review to see if you are missing some forms needed in order to e-file.

Many federal and state forms are not yet available. Check here for form availability. The dates are subject to change.

Tax form availability tool,

The IRS will begin to accept/reject 2023 e-files on January 29. And….a state return cannot be accepted until after the IRS accepts your federal return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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xmasbaby0 · ‎January 29, 2024

Click Review to see if you are missing some forms needed in order to e-file.

Many federal and state forms are not yet available. Check here for form availability. The dates are subject to change.

Tax form availability tool,

The IRS will begin to accept/reject 2023 e-files on January 29. And….a state return cannot be accepted until after the IRS accepts your federal return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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Why is the home energy credit tax break tool not pulling up 30% of what I spent on "Furnaces powered by natural gas, propane or oil" when I file?