Where do I enter my heat pump purchase for my up to $2000 (or 30% project cost) credit that is specified in the Inflation Reduction Act?
I only see a 10% or $300 result in the "Home Energy Credits" section
03453
3 Replies
VolvoGirl
Level 15
Dec 14, 2023 9:41:01 AM
I believe that section has not been updated yet. There are many many updates to come. Keep checking. Most IRS forms are not ready yet. The IRS has to finalize them and approve the Turbo Tax forms.
Zipper20x6
Level 1
Dec 14, 2023 10:01:58 AM
That makes sense - it's still rather early.
DoninGA
Level 15
Dec 14, 2023 10:04:43 AM
Form 5695 Residential Energy Credits for tax year 2023 is scheduled to be available in TurboTax on 01/10/2024