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gcav
New Member

Energy credit for electrical panel replacement

I replaced our electrical panel and service due panel failing - upgraded to 200 amp. How do I enter the deduction in TurboTax for purchasing, upgrade and labor involved in the the electrical panel installation? My understanding is a panel upgrade/replacement valid for this credit. But, TurboTax is stopping me as it needs a QMID code. Manufacturer of the panel is Siemans, but there is no QMID code. 

Appreciate any information..

Thanks 

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2 Replies
DianeW777
Employee Tax Expert

Energy credit for electrical panel replacement

Yes, this number is a requirement for the reasons noted below. If you are unable to get a code registered with the IRS you may not get the credit for your panelboard.

It would be best to double check with the manufacturer to be sure you have the correct code. Also, check to see if they did register with the IRS here. Qualified Manufacturer

If you confirm all is correct, be sure your TurboTax software is updated with the latest information. 

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TurboTax Desktop is as follows:

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Energy credit for electrical panel replacement


@gcav wrote:

I replaced our electrical panel and service due panel failing - upgraded to 200 amp.


 

 

Just replacing the electric panel doesn't qualify for the tax credit.  It must be replaced in conjunction with another energy-qualifying item (such as a heat pump or something like that) and enables you to use that other energy-qualifying item.

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