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skateb14
New Member

I bought a wood gassifier that qualifies for a for a 26% tax credit. The option exists on form 5695 but why is there no option for it in Turbotax?

I am looking for a way to add the information for Form 5695, line 5. Lines 1-4 are available in Turbotax "Enter Any Additional Energy-Efficient Improvements" section, but skips over the value for line 5. Should I just input my costs in line 4 (Geothermal heat pump property)?
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3 Replies

I bought a wood gassifier that qualifies for a for a 26% tax credit. The option exists on form 5695 but why is there no option for it in Turbotax?

That section of the program is not functional yet ... expected 2/3   https://care-cdn.prodsupportsite.a.intuit.com/forms-availability/turbotax_fed_windows_individual.htm...

skateb14
New Member

I bought a wood gassifier that qualifies for a for a 26% tax credit. The option exists on form 5695 but why is there no option for it in Turbotax?

Ok great, that's what I was hoping to hear. Thanks for the quick reply!

I bought a wood gassifier that qualifies for a for a 26% tax credit. The option exists on form 5695 but why is there no option for it in Turbotax?

@skateb14   @Critter-3 

 

I've suggested to others, that they delete those biomass heater $$ until after the forms are actually implemented.  There's no telling if anything you've already entered in the Home Energy Credits will get automatically moved to the proper locations or not.

 

They really should have put a "Come Back Later" notice in that area and bypassed it for now.

 

 

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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