Following question is where on Form 5695 to record cost for a specific energy credit, electric service upgrade to 200A. -
In Dec 2023 I had my house electric panel service upgraded to 200A in anticipation of a heat pump install completed in February 2024. On the form or dialog, where do I enter the cost for the electric upgrade? I thought credit for this work is limited to $600 but I may be incorrect. I used the field for heat pump installation cost but I think this may be incorrect.
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If you are using the TurboTax desktop CD/Download editions, go back through the Home Energy Credits section.
There will be several screens (about 9) that you have to go through before you land on the screen labeled Enter Your Qualified Energy Property Costs. There you can enter your cost in the box labeled Panelboards, subpanelboards, branch circuits or feeders
If you are using the TurboTax desktop CD/Download editions, go back through the Home Energy Credits section.
There will be several screens (about 9) that you have to go through before you land on the screen labeled Enter Your Qualified Energy Property Costs. There you can enter your cost in the box labeled Panelboards, subpanelboards, branch circuits or feeders
Thank you.
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