turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

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

form 5695

is form 5695 an itemized deduction or a stand alone deduction

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

form 5695

Neither. It is a direct credit against taxes due.

DN13
New Member

form 5695

How is the form incorporated into my taxes?

AmyC
Expert Alumni

form 5695

The form 5695 carries to sch 3 line 5. It is a nonrefundable credit designed to reduce your tax liability.

 

See  Form 5695 - Internal Revenue Service

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies