Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

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

cancel
Showing results for 
Search instead for 
Did you mean: 
leoman28
New Member

Does new siding count under energy-efficient improvements?

 
1 Best answer

Accepted Solutions
LindaA
Level 10

Does new siding count under energy-efficient improvements?

No. According to the IRS Instructions for Form 5695, Residential Energy Credits, the Nonbusiness Energy Property Credit is available for any insulation material or system that is specifically and primarily designed to reduce the heat loss or gain of your home, however "a component is not specifically and primarily designed to reduce the heat loss or gain of your home if it provides structural support or a finished surface (such as drywall or siding) or its principal purpose is to serve any function unrelated to the reduction of heat loss or gain."

https://ttlc.intuit.com/replies/3300639







View solution in original post

2 Replies
LindaA
Level 10

Does new siding count under energy-efficient improvements?

No. According to the IRS Instructions for Form 5695, Residential Energy Credits, the Nonbusiness Energy Property Credit is available for any insulation material or system that is specifically and primarily designed to reduce the heat loss or gain of your home, however "a component is not specifically and primarily designed to reduce the heat loss or gain of your home if it provides structural support or a finished surface (such as drywall or siding) or its principal purpose is to serve any function unrelated to the reduction of heat loss or gain."

https://ttlc.intuit.com/replies/3300639







Bader
New Member

Does new siding count under energy-efficient improvements?

I am interested to know if having the house bricked would comply with "specifically and primarily designed to reduce heat loss" when trying to qualify for energy-efficient improvements.

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.48m
Members

2.61m
Discussions

Manage cookies
v