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tdrunion
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For the energy credit form 5695, if the wood stove is an approved model for EPA 2020 standards, can the stove be used or does it have to be a new stove?

 
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AmeliesUncle
Level 14
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

For the energy credit form 5695, if the wood stove is an approved model for EPA 2020 standards, can the stove be used or does it have to be a new stove?

It needs to be new.  This says "originally placed in service by the taxpayer", which means you are the first owner/user of it.

 

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AmeliesUncle
Level 14
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

For the energy credit form 5695, if the wood stove is an approved model for EPA 2020 standards, can the stove be used or does it have to be a new stove?

It needs to be new.  This says "originally placed in service by the taxpayer", which means you are the first owner/user of it.

 

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