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tdreinert
New Member

Why are the only options for the Home Energy Tax credit related to solar power?

I installed a new furnace in my house and according to the IRS, I should be eligible for the tax credit; however, the only options I'm getting in TurboTax are related to solar power.
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Accepted Solutions

Why are the only options for the Home Energy Tax credit related to solar power?

The Nonbusiness Energy Property Credit for Insulation, windows, doors, sky lights, HVAC, water heaters, etc. expired at the end of 2016.  It was not renewed or extended for tax year 2017.

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5 Replies

Why are the only options for the Home Energy Tax credit related to solar power?

The Nonbusiness Energy Property Credit for Insulation, windows, doors, sky lights, HVAC, water heaters, etc. expired at the end of 2016.  It was not renewed or extended for tax year 2017.

maglib
Level 11

Why are the only options for the Home Energy Tax credit related to solar power?

Qualifying improvements must have been placed in service in the taxpayer's principal residence located in the United States through Dec. 31, 2016.  <a rel="nofollow" target="_blank" href="https://www.irs.gov/credits-deductions/individuals/nonbusiness-energy-property-credit-section-25c-at...>
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tdreinert
New Member

Why are the only options for the Home Energy Tax credit related to solar power?

In that case, TurboTax needs to update it's information on it's website. When searching for information on the Energy Tax Credit, it lists all of those improvements as allowable for the credit and it is clearly labeled as "Updated for Tax Year 2017."
tdreinert
New Member

Why are the only options for the Home Energy Tax credit related to solar power?

They leave out the part about the improvements being in place at 12/31/2016.

Why are the only options for the Home Energy Tax credit related to solar power?

That has been reported to the TurboTax Moderators of this forum to be corrected.
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