turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes & Forms (2024) on Mar 19! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Can i claim a yearly tax credit for a high-efficiency wood boiler that was installed in December of 2021 if i have proof of continual use from the manufacturer?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
BillM223
Employee Tax Expert

Can i claim a yearly tax credit for a high-efficiency wood boiler that was installed in December of 2021 if i have proof of continual use from the manufacturer?

No, these credits are only for the year in which the energy efficient item was installed.

 

As the IRS says, "You will need to file Form 5695, Residential Energy Credits when you file your tax return for year in which your qualified energy property was originally placed in service."

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question