You would use form 5695. The Home Energy Credit Section of TurboTax is not currently up to date. A release updating this section is expected on February 7th. Please come back after that date to enter your expenses to claim the Home improvement Energy Credit.
The Home Improvement Energy Efficient Credit
Worth up to 30% of costs with a maximum credit $2,000 for
- Air source heat pumps
- Heat Pump Water Heaters
- Biomass Stoves or Boilers
- Worth up to 30% of qualifying costs for a maximum combined total of $1,200 for the following:
- You can combine the $2,000 credit with the $1,200 credit for a total of $3,200
- This credit is a is a nonrefundable credit. This means in order to claim the credit you must have a tax liability to offset it. If you do not have a tax liability equal to the credit the credit will be reduced to match your liability or down to $0.
- use it or lose it credit. If you do have enough tax liability in the year you buy and install the item, you will not be able to carry the credit forward.
- Doors, windows and insulation must be installed on your primary home.
- The home must be in the US
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
