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@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.
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
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@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.
I have the same exact problem. Even the instructions for the from don’t detail Line 25D. And the explanation about QMID on the IRS website does not mention them being for panelboards. This seems to be an error somehow
Thank you for the follow up! I thought that may be the case, but couldn't find anything to verify that!
Thanks again..
Right.. the instructions aren't clear enough to determine that the panel replacement/upgrade HAS to be a requirement for another piece of "qualified" equipment. Neither in the software or on the IRS site. My original read on this was that the panel was "qualified" as long as it was 200 amp...
Unfortunately, I do not yet see any generic panel mfgs on the IRS QMID list for as of 2/16/2025 only one smart panel mfg (EG4 ELECTRONICS LLN)
Both TurboTax's requirements and their explanation are incorrect on this item. If you installed a heat pump, you have a QMID for that. Even if you installed an electrical panel (whether or not it is >200 amp to get a credit), electrical panels do not have a QMID. The fact that TurboTax requires one is an error. I could not find a representative who could assist with this.
Then the IRS form has to be in error as well because it also requires a QMID for the “enabling equipment” AKA the panel board.
Yes, that is confusing. At least in the IRS form, you could check "no", skip that section and move on. TurboTax forces a response.
Based on the following, the QMID codes are needed even for the enabling property. According to the IRS FAQ for Energy Efficient Home Improvements :
"For any item of specified property placed in service on or after Jan. 1, 2025, taxpayers must include the PIN of such item on their tax returns. For specified property placed in service in 2025, taxpayers may use a QM Code (a unique 4-character code assigned to a QM by the IRS) in lieu of a PIN. For enabling property, taxpayers may use a QM Code in lieu of a PIN, regardless of whether the enabling property is placed in service after 2025. See section 5.04 of Revenue Procedure 2024-31."
Clear as Mud for my understanding
We did panel upgrade for heat pump installation, and still do not understand if there is any possible way to claim that expense... No QM or PIN.
Also Tankless water heater by Navien... I see Nortiz on the list and not Navien
You need a Qualified Manufacturer Indentification code to claim the federal tax credit for your Navien tankless water heater installed in 2025.
If you do not have a QMID (Qualified Manufacturer ID) for your product, you can contact the manufacturer directly to request their 4-digit code. The QMID is assigned to the manufacturer, not the installer.
You can also try checking with your installer for it or it may be on your "Manufacturer Certification Statement," which should list the necessary information for Form 5695, including your QMID. You can try googling it.
If you had improvement costs for enabling property, such as replacing panelboards or circuits that is addressed in steps 14-15 below.
You can get to these screens in your TurboTax program to answer these questions using the steps listed below:
Click here for Where do I enter qualified energy-saving improvements?
Click here for Energy Efficient Home Improvement Credit
Click here for 2024-2025 Energy Tax Credit: Which Home Improvements Qualify?
Click here for Energy Efficient Home Improvement Credit qualified manufacturer requirements
Please return to Community if you have any additional information or questions and we would be happy to help.
The IRS home Energy Credits says “Costs of certain electrical components needed to support the residential energy property, including panelboards, sub-panelboards, branch circuits, and feeders, also qualify for the credit if they meet the National Electric Code and have a capacity of 200 amps or more.). The problem is the QIMD code. Many manufacturers doesn’t have one.. FORM 5695 doesn’t ask for one for a panelboard, The person who says it’s not needed is correct.
turbotax you need to update the software so we can file our taxes.
The form does require the QMID for the “enabling property”
AKA the panel board
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