I purchased a new home construction (as main residence) in 2023 which includes solar system built into the price of the property. The builder gave me the cost of the system. How do I put the cost of the solar system to claim Home Energy Credit?
Yes, you can claim the cost of a solar power system installed in your new home.
Here's how to do that in TurboTax Online:
Yes, you can claim the cost of a solar power system installed in your new home.
Here's how to do that in TurboTax Online:
Hi Julie, Thanks much.
I followed the steps you outlined but the return got rejected with the following message:
F5695-036 - If Form 5695, 'HomeLocatedInUSAInd' or 'OriginalUserInd' or 'FiveYearUseExpectationInd' have a choice of "No" indicated, then 'HomeAddress' must not have a value.
F5695-007-04 - If Form 5695, 'HomeAddress' has a value, then 'HomeLocatedInUSAInd' and 'OriginalUserInd' and 'FiveYearUseExpectationInd' must have a choice of "Yes" indicated.
Earlier, about 3 weeks ago, I got a message that this Form needs updating by Intuit. Is that complete already? or am I doing something wrong?
Hi Julie, Thanks much.
I followed the steps you outlined but the return got rejected with the following message:
F5695-036 - If Form 5695, 'HomeLocatedInUSAInd' or 'OriginalUserInd' or 'FiveYearUseExpectationInd' have a choice of "No" indicated, then 'HomeAddress' must not have a value.
F5695-007-04 - If Form 5695, 'HomeAddress' has a value, then 'HomeLocatedInUSAInd' and 'OriginalUserInd' and 'FiveYearUseExpectationInd' must have a choice of "Yes" indicated.
Earlier, about 3 weeks ago, I got a message that this Form needs updating by Intuit. Is that complete already? or am I doing something wrong?
I see one issue outstanding so that may be affecting your return. The issue has an expected resolution date of 2/28 for INV 28129. This may not be your issue but perhaps you got caught while they were working on the form. I would suggest waiting until the form is completely updated and integrated. You can try again anytime, just be sure to check that all forms are correct before hitting the efile button.
The: Instructions for Form 5695 indicates line 17e should be yes for new home construction.