is ther any update on filing 5695

[esantoli]

Just wondering if anyone has a update on filing the tax return with the 5695 credit.

Thanks

gene

[JotikaT2]

If you have Form 5695 and are claiming joint occupancy, the IRS will not be accepting electronic filing of these returns until 3/16/25 as reflected on this IRS site. 

The language below is from Row 39 of the Tax Year 2024 spreadsheet provided by the IRS in the link mentioned above.

"Taxpayers claiming Joint Occupancy on Form 5695 will have to file via paper if filing their return before the Form 5695 schema is updated in mid-March. This temporary limitation should only impact a subsection of Form 5695 filers. For a preview of the TY24 draft form and instructions for Form 5695, please see the Draft tax forms on IRS.gov at https://www.irs.gov/draft-tax-forms. Submission of Forms 5695 that do not claim Joint Occupancy may be e-filed at the start of Processing Year 2025."

If you would like to mail your tax return instead, please see this link for guidance.