Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Still need to file? Our experts can get your taxes done right. Get started >
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
nailtech123
Level 1

I replaced my home thermostat with a smart thermostat, should I include this under my home office deductions or under energy saving home improvement or both

 
1 Best answer

Accepted Solutions
HelenaC
New Member

I replaced my home thermostat with a smart thermostat, should I include this under my home office deductions or under energy saving home improvement or both

Smart thermostats are not eligible for the energy credit. See Can I claim energy-efficient appliances or energy-saving home improvements?

You may be able to claim it under your home office. Repairs are deducted, where as improvements are depreciated.

Per 2016 Publication 587 - IRS.gov page 9:  A permanent improvement increases the value of property, adds to its life, or gives it a new or different use. Examples of improvements are replacing electric wiring or plumbing, adding a new roof or addition, paneling, or remodeling. 

These are entered in the Deductions & Credits section:

  • Open your return, if you don't already have it open.
  • In TurboTax, search for energy improvements. (Do not search for "energy credit," as this will take you to the wrong place in the program.)
  • Click the "Jump to" link in the search results.
  • At the bottom of the Energy-Saving Home Improvements screen, answer Yes and continue. Follow the on-screen instructions.

Related Information:

View solution in original post

1 Reply
HelenaC
New Member

I replaced my home thermostat with a smart thermostat, should I include this under my home office deductions or under energy saving home improvement or both

Smart thermostats are not eligible for the energy credit. See Can I claim energy-efficient appliances or energy-saving home improvements?

You may be able to claim it under your home office. Repairs are deducted, where as improvements are depreciated.

Per 2016 Publication 587 - IRS.gov page 9:  A permanent improvement increases the value of property, adds to its life, or gives it a new or different use. Examples of improvements are replacing electric wiring or plumbing, adding a new roof or addition, paneling, or remodeling. 

These are entered in the Deductions & Credits section:

  • Open your return, if you don't already have it open.
  • In TurboTax, search for energy improvements. (Do not search for "energy credit," as this will take you to the wrong place in the program.)
  • Click the "Jump to" link in the search results.
  • At the bottom of the Energy-Saving Home Improvements screen, answer Yes and continue. Follow the on-screen instructions.

Related Information:

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v
ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789-_~