Where do i enter cost for heat pump home improvement to allow for federal tax credit

[rchittenden-comc]

The Home Energy Credit section of 2023 TurboTax Premier does not include a line item to enter cost for eligible HVAC heat pump improvements to allow for $2000 federal tax credit.

[DoninGA]

The Form 5695 Residential Energy Credits for tax year 2023 has not yet been finalized.

The Form 5695 is scheduled to be available in TurboTax on 01/10/2024.

Go to his TurboTax website for forms availability - https://form-status.app.intuit.com/tax-forms-availability/formsavailability?albRedirect=true&product...

Qualified energy property is any of the following.
• Certain electric heat pump water heaters; electric heat pumps; central air conditioners; and natural gas, propane, or oil water heaters.

Enter the cost in the box labeled Energy-Efficient Building Property.

[DBecton]

The Energy-Efficient Building Property currently only allows for a 10% up to $300. The Heat Pump Credit should be 30% up to $2,000. It's 1/17/2024 and the software does not reflect the ability to receive this Tax Credit?

[DoninGA]

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@DBecton wrote:

The Energy-Efficient Building Property currently only allows for a 10% up to $300. The Heat Pump Credit should be 30% up to $2,000. It's 1/17/2024 and the software does not reflect the ability to receive this Tax Credit?

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The Form 5695 Residential Energy Credits for tax year 2023 has not yet been finalized in TurboTax.

The Form 5695 is scheduled to be available in TurboTax on 01/31/2024 (subject to change).

Go to his TurboTax website for forms availability - https://form-status.app.intuit.com/tax-forms-availability/formsavailability?albRedirect=true&product...

[bjbreining]

....and not again today. Maybe next week? I am waiting also.

[DaveF1006]

Form 5695 should be available on 01/31.   

Forms Availability

@bjbreining