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w_j_murray
New Member

Why is form 5695 in Turbo Tax different from the IRS website? Turbo Tax has no inputs available for non-business insulation, windows etc. When will this be changed?

Please look at the IRS form https://www.irs.gov/pub/irs-pdf/f5695.pdf

Part 2 Non-Business Property Credit is totally missing from Turbo Tax.  Why?

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Opus 17
Level 15

Why is form 5695 in Turbo Tax different from the IRS website? Turbo Tax has no inputs available for non-business insulation, windows etc. When will this be changed?

The credit expired at the end of 2016, and was only restored for 2017 in the budget bill that was signed February 8.  The IRS has not yet announced when they will allow tax software provides to include the credits in their tax forms.  (For comparison, the mortgage insurance deduction is already turned on, and the electric car credit will be turned on March 2.)

Turbotax will be updated as soon as the IRS allows it. 

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*

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Opus 17
Level 15

Why is form 5695 in Turbo Tax different from the IRS website? Turbo Tax has no inputs available for non-business insulation, windows etc. When will this be changed?

The credit expired at the end of 2016, and was only restored for 2017 in the budget bill that was signed February 8.  The IRS has not yet announced when they will allow tax software provides to include the credits in their tax forms.  (For comparison, the mortgage insurance deduction is already turned on, and the electric car credit will be turned on March 2.)

Turbotax will be updated as soon as the IRS allows it. 

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*

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