Hi there, I had home insulation installed on my home but I do not see a credit for that in the form 5695, residential energy credit. Does that still exist?

[SteamTrain · Accepted solution]

No and Yes..

No...it isn't in the current approved form 5695 for 2017

Yes, it was just passed in the last budget bill on 9 Feb, and retroactively included and will eventually be available for your 2017 taxes.  BUT The form 5695 in the tax software may take a month or more to get changed to include it (Blame that on congress).  

First the IRS has to now reprogram their computers in the middle of a busy tax season, 

....and then they have to notify the software companies how they want them to implement the changes.

.........then each company's software has to be RE-programmed, and to be tested with the IRS before it can be trotted out to the customers.  (Mid March...maybe but that's a wild guess)