Within form 5695, 24a, a 30% credit is available for Furnace or Hot Water Boilers.
The Step-by-Step form query only phrases this entry as Water Boiler. It does not prompt the user to enter a value if it is a high efficiency furnace. This will lead users to overlook a tax credit to which they are entitled.
You'll need to sign in or create an account to connect with an expert.
You are correct about this. It has been submitted to the developers for an update to the wording on the screen so that it is more obvious where to enter the cost of high efficiency furnaces.
You are correct about this. It has been submitted to the developers for an update to the wording on the screen so that it is more obvious where to enter the cost of high efficiency furnaces.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
rebeccaspann2011
Level 1
Doehrman2010
New Member
tompass1
Level 2
mootzie
Level 2
mrsmaz
Level 1