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Level 1
posted Mar 27, 2024 9:40:07 AM

How to enter the data for Multiple high efficiency air conditioners and gas furnaces

In 2023 I purchased three new air conditioners and furnaces.

On Form 5695  Line 22a, Do i enter the total cost or is there a way to enter the cost of each unit separately?

 

Same question for Gas Furnaces on Line 24a

 

Thanks

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1 Replies
Expert Alumni
Mar 27, 2024 10:05:40 AM

If they are for the same property then you will just add them together.  If they are for different properties you would need to separate them and remember that the credit is only for places that are your residence.

 

@rgw48