Form 5695 - Natural Gas Furnace Tax Credit

[sstallar]

The way I read the EPA website, I'm eligible for a tax credit for my high efficiency natural gas furnace I installed in 2023.  https://www.energystar.gov/about/federal_tax_credits/natural_gas_propane_oil_furnace

I also see that form 5695 includes the following lines:

24a Enter the cost of natural gas, propane, or oil furnace or hot water boilers . .

b Multiply line 24a by 30% (0.30). Enter the results. Do not enter more than $600 .

However, there does not seem to be an option to take this credit within TurboTax Deluxe.  I didn't figure this out until after I filed my taxes.

[DoninGA]

On the page Enter Your Qualified Energy Costs use the box labeled Water boilers for the cost of the furnace.  The box needs to be re-labeled.  If you click on the Learn More link it will describe -

Enter the amounts you paid for a natural gas, propane, or oil furnace or hot water boilers...

That is the correct location to enter the furnace cost as it will flow to the Form 5695 Line 24a for Enter the cost of natural gas, propane, or oil furnace or hot water boilers

If you were eligible for this credit but did not include it on the 2023 tax return that you filed, you can amend the return for the credit.

If the return is accepted you will have to amend your original tax return. An amended return, Form 1040-X, can only be printed and mailed to the IRS if the original tax return was not e-filed. The IRS will take up to 20 weeks or longer to process an amended tax return.

Before starting to amend the tax return, wait for the tax refund to be received or the taxes due to be paid and processed by the IRS.

See this TurboTax support FAQ for amending a tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-a...

[Opus 17]

For some reason, Turbotax deleted the word "furnace" from the data entry screen.  Use the box for "water boilers" which should say "furnaces or water boilers".