TurboTax is applying a $500 lifetime limit on Home Energy Credits. Doesn't the new law state that an annual 30% of expenses credit up to $1,200 can be claimed?

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TurboTax is applying a $500 lifetime limit on Home Energy Credits. Doesn't the new law state that an annual 30% of expenses credit up to $1,200 can be claimed?

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 02/07/2024 (subject to change).

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

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TurboTax is applying a $500 lifetime limit on Home Energy Credits. Doesn't the new law state that an annual 30% of expenses credit up to $1,200 can be claimed?

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 02/07/2024 (subject to change).

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

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