Residential Enery Credits

[pbk51]

Can someone please advise- how do I process the Residential Credit? My client had installment  home improvements on her home  in 2022, finance a contract from a company with a 25 years term.  Roof $11,745 and Solar Panel system. (Solar Equipment) $27165.00. However,the company gave her 2 loan which at .99%  $44,336 and the other $27,165 Total =$77901. It was claimed on her last 2023 tax returns (27,165 x30% ) credit within the limitation amt.However, I am not sure how to carryover the rest because Proconnect doesnt offer that feature. Confused! Is there any carry over at all?  Thank you. 

[sjrcpa]

You need to figure that out. Was the whole credit used on last year's return?

[George4Tacks]

In ProConnect use Check Return to go view forms. Form 5695 has a spot on line 12 "Credit carryforward from 2023. Enter the amount, if any, from your 2023 Form 5695, line 16 . . ." look at that line in the View Forms on the 5695 and click the blue section - that will take you to the input.

P.S. This method works with most boxes and lines on any tax form to find the input.

[pbk51]

Thank you. 

[qbteachmt]

It doesn't go by payment dates. It goes off of install dates.