We recently installed a heat pump. We normally get a Fed’s refund. Will there be a line for heat pump installation on the federal form, and if so can that be added to our federal tax refund?

[DoninGA]

Answered on your prior post for the same subject here - https://ttlc.intuit.com/community/file-with-turbotax/discussion/re-rebates-for-heat-pump-in-maine-wi...

[marctu]

Most of this information comes from here:  Air Source Heat Pumps Tax Credit 

This credit is effective for products purchased and installed between January 1, 2023, and December 31, 2032.   Heat pumps are either ducted or non-ducted (mini-splits).  Eligibility depends on whether you live in the north or south. 

If the system is ducted the eligibility is as follows;

South: All heat pumps that have earned the ENERGY STAR label

North: Heat pumps designated as ENERGY STAR Cold Climate that have an EER2 ≥ 10

For the ductless look at the map on the page.

To find this in Turbo Tax follow these steps found here: How do I add or remove Form 5695? 

Thank you for the question @Eikr 

All the best,

Marc T.

TurboTax Live Tax Expert

27 Years of Experience Helping Clients