Solved: Home Energy Improvement Credit
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Level 1

Home Energy Improvement Credit

I've entered amounts for home energy improvements, but it is showing as 0 Home Energy Credit Summary page.

I've answered:

  • Yes we made improvements
  • Yes we live in the same house
  • House in in the US
  • House is our main house
  • Improvements weren't related to construction
  • We made no improvements prior to 2108
  • We did not receive a credit in a prior year
  • We do not have a carryover

I don't know why the improvements are being disallowed.

1 Best answer

Accepted Solutions
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Level 15

Home Energy Improvement Credit

Nonbusiness energy property credit has expired. The nonbusiness energy property credit expired on December 31, 2017.

 

The Nonbusiness energy property credit includes -residential exterior doors and windows, insulation, heat pumps, furnaces, central air conditioners, and water heaters.

 

The Residential Energy Efficient Property Credit is available for -

Qualified solar electric property costs

Qualified solar water heating property costs

Qualified small wind energy property costs

Qualified geothermal heat pump property costs

Qualified fuel cell property costs

 

View solution in original post

4 Replies
Highlighted
Level 15

Home Energy Improvement Credit

Nonbusiness energy property credit has expired. The nonbusiness energy property credit expired on December 31, 2017.

 

The Nonbusiness energy property credit includes -residential exterior doors and windows, insulation, heat pumps, furnaces, central air conditioners, and water heaters.

 

The Residential Energy Efficient Property Credit is available for -

Qualified solar electric property costs

Qualified solar water heating property costs

Qualified small wind energy property costs

Qualified geothermal heat pump property costs

Qualified fuel cell property costs

 

View solution in original post

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Level 1

Home Energy Improvement Credit

Thanks, that's interesting.  I wonder why TurboTax 2018 still has it in it.

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Level 15

Home Energy Improvement Credit

The same IRS Form 5695 Residential Energy Credit is used for the Residential Energy Efficient Property
Credit as was used for the Nonbusiness energy property credit.  So I assume that is the reason.

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Level 1

Home Energy Improvement Credit

Right you are.  The form shown in TurboTax 2018 has items that were on the 2017 IRS Form 5695, but aren't on the 2018 one.  Can't say that does much for my confidence level, although at least it didn't let me take the credits.  Thanks for your quick and informative help.

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