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bonez748
New Member

I installed a Biomass fuel stove which should be 26% of the installed cost and it will only give me $300

How do I get the appropriate credit
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3 Replies

I installed a Biomass fuel stove which should be 26% of the installed cost and it will only give me $300

You wait for that form to be fully functional ... looks like 1/27 ...   https://care-cdn.prodsupportsite.a.intuit.com/forms-availability/turbotax_fed_windows_individual.htm...

LenaH
Employee Tax Expert

I installed a Biomass fuel stove which should be 26% of the installed cost and it will only give me $300

If you made energy-efficient improvements to your home in 2021, such as like furnaces, boilers, biomass stoves, heat pumps, water heaters, central air conditioners, and circulating fans, the tax credit is 26 percent of the costs for assembly, preparation, and installation as well as piping and wiring.

 

Please follow the steps below to enter your biomass fuel stove cost:

  1. Open your return.
  2. Search energy improvements with the magnifying glass tool.
  3. Select the Jump to link
  4. Enter your biomass stove in the classification below. 
  5. Click continue.
  6. Answer the on-screen questions.
  7. Your home energy credit summary should appear on the following screen. 

 

@bonez748 

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I installed a Biomass fuel stove which should be 26% of the installed cost and it will only give me $300

Still...I'd wait for them to put in a specific "Biomass" line, as the others on that current page will end up on different lines on the properly-formatted 2021 form 5695

____________*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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