topic We recently installed a heat pump. We normally get a Fed’s refund. Will there be a line for heat pump installation on the federal form, and if so can that be added to our federal tax refund? in Get your taxes done using TurboTax

We recently installed a heat pump. We normally get a Fed’s refund. Will there be a line for heat pump installation on the federal form, and if so can that be added to our federal tax refund?

Eikr — Wed, 30 Oct 2024 19:22:21 GMT

Re: We recently installed a heat pump. We normally get a Fed’s refund. Will there be a line for heat pump installation on the federal form, and if so can that be added to our federal tax refund?

DoninGA — Wed, 30 Oct 2024 19:28:58 GMT

Answered on your prior post for the same subject here - https://ttlc.intuit.com/community/file-with-turbotax/discussion/re-rebates-for-heat-pump-in-maine-will-there-be-a-line-on-the-federal-irs-form/01/3399587#M35019

Re: We recently installed a heat pump. We normally get a Fed’s refund. Will there be a line for heat pump installation on the federal form, and if so can that be added to our federal tax refund?

marctu — Wed, 30 Oct 2024 19:30:48 GMT

Most of this information comes from here: Air Source Heat Pumps Tax Credit

This credit is effective for products purchased and installed between January 1, 2023, and December 31, 2032. Heat pumps are either ducted or non-ducted (mini-splits). Eligibility depends on whether you live in the north or south.

If the system is ducted the eligibility is as follows;

South: All heat pumps that have earned the ENERGY STAR label

North: Heat pumps designated as ENERGY STAR Cold Climate that have an EER2 ≥ 10

For the ductless look at the map on the page.

To find this in Turbo Tax follow these steps found here: How do I add or remove Form 5695?

Thank you for the question @Eikr

All the best,

Marc T.

TurboTax Live Tax Expert

27 Years of Experience Helping Clients