topic Where do i enter cost for heat pump home improvement to allow for federal tax credit in Deductions & credits

Where do i enter cost for heat pump home improvement to allow for federal tax credit

rchittenden-comc — Tue, 24 Feb 2026 08:21:51 GMT

The Home Energy Credit section of 2023 TurboTax Premier does not include a line item to enter cost for eligible HVAC heat pump improvements to allow for $2000 federal tax credit.

Re: Where do i enter cost for heat pump home improvement to allow for federal tax credit

DoninGA — Sat, 16 Dec 2023 22:46:24 GMT

The Form 5695 Residential Energy Credits for tax year 2023 has not yet been finalized.

The Form 5695 is scheduled to be available in TurboTax on 01/10/2024.

Go to his TurboTax website for forms availability - https://form-status.app.intuit.com/tax-forms-availability/formsavailability?albRedirect=true&product=Turbotax_online&bu=cg

Qualified energy property is any of the following.
• Certain electric heat pump water heaters; electric heat pumps; central air conditioners; and natural gas, propane, or oil water heaters.

Enter the cost in the box labeled Energy-Efficient Building Property.

Re: Where do i enter cost for heat pump home improvement to allow for federal tax credit

DBecton — Thu, 18 Jan 2024 03:43:25 GMT

The Energy-Efficient Building Property currently only allows for a 10% up to $300. The Heat Pump Credit should be 30% up to $2,000. It's 1/17/2024 and the software does not reflect the ability to receive this Tax Credit?

Re: Where do i enter cost for heat pump home improvement to allow for federal tax credit

DoninGA — Thu, 18 Jan 2024 14:52:54 GMT

@DBecton wrote:

The Energy-Efficient Building Property currently only allows for a 10% up to $300. The Heat Pump Credit should be 30% up to $2,000. It's 1/17/2024 and the software does not reflect the ability to receive this Tax Credit?

The Form 5695 Residential Energy Credits for tax year 2023 has not yet been finalized in TurboTax.

The Form 5695 is scheduled to be available in TurboTax on 01/31/2024 (subject to change).

Go to his TurboTax website for forms availability - https://form-status.app.intuit.com/tax-forms-availability/formsavailability?albRedirect=true&product...

Re: Where do i enter cost for heat pump home improvement to allow for federal tax credit

bjbreining — Thu, 25 Jan 2024 12:30:02 GMT

Re: Where do i enter cost for heat pump home improvement to allow for federal tax credit

bjbreining — Thu, 25 Jan 2024 12:31:09 GMT

....and not again today. Maybe next week? I am waiting also.

Re: Where do i enter cost for heat pump home improvement to allow for federal tax credit

DaveF1006 — Thu, 25 Jan 2024 17:09:25 GMT

Form 5695 should be available on 01/31.

Forms Availability

@bjbreining