Home Energy Credit

[rickhany]

Why am I only getting 10% credit for Attic insulation I installed in 2023. I thought it was supposed to be 30%

[DoninGA]

The IRS has not yet finalized the 2023 Form 5695, Residential Energy Credits

The Form 5695 for tax year 2023 is scheduled to be available in TurboTax on 01/10/2024

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

[cashxx]

Having same issue as of 1/27/24. So they haven't updated the 5659 form yet?   Also have another issue, it won't let me claim if I had claimed any home improvements in prior years.  Will that be fixed as well?  I thought you could claim a home energy credit every year?

[DoninGA]

@cashxx 

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...

The new rules will be included in the 2023 Form 5695 when it is finalized in TurboTax.

[caroleaaaac]

TurboTax Desktop for Mac: message I'm receiving on2/28/2024, "We're updating how secondary homes are reported on the tax return based on new tax law changes from IRS.  Please check back with us soon."  Any ETA on the fix?

[DawnC]

There is no ETA, but you can sign up to be notified once it is complete.    Sign up for Form 5695 notifications.

@caroleaaaac