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jmryan28
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It doesn't appear TurboTax software has updated to the 2023 Energy Efficient Home Improvement Credit limits. It is still limited at $500, whereas I read it is now $1,200.

 
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2 Replies

It doesn't appear TurboTax software has updated to the 2023 Energy Efficient Home Improvement Credit limits. It is still limited at $500, whereas I read it is now $1,200.

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 01/31/2024 (subject to change).

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

It doesn't appear TurboTax software has updated to the 2023 Energy Efficient Home Improvement Credit limits. It is still limited at $500, whereas I read it is now $1,200.

The new 2023 energy credits for energy property is not included in Turbo Tax yet.   Qualified energy property should be eligible for not only your primary (main) residence but any residence used by the taxpayer, i.e. second home, third home, etc.

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