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Why does Turbotax give me only a $300.00 Home energy efficiency tax credit? The allowable cost of the project was $2000.00. 30% of that is $600, not $300,

The total cost of the project was $21k.  
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2 Replies

Why does Turbotax give me only a $300.00 Home energy efficiency tax credit? The allowable cost of the project was $2000.00. 30% of that is $600, not $300,

Home Energy Credit Form 5695 is not ready yet.  It still has the old amounts.  It is currently scheduled to be available on 2/7/24 (subject to change).

Why does Turbotax give me only a $300.00 Home energy efficiency tax credit? The allowable cost of the project was $2000.00. 30% of that is $600, not $300,

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 02/07/2024 (subject to change).

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

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