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Level 4
December 7, 2019
Solved

Form 5695 is not calculating and showing a credit on the 1040

  • December 7, 2019
  • 12 replies
  • 14 views

I have tried numerous scenarios using this form...and it does not put the energy credit on the 1040....

This topic has been closed for replies.
Best answer by Just-Lisa-Now-

The credits on Page 2 of the 5695 are expired, so they no longer get counted...is that the type of credit you are entering?  (theres a big informational window at the top of Page 2 that explains it)

Only solar, wind, geothermal and fuel cell credits are available.

12 replies

Just-Lisa-Now-
Intuit Community Champion
December 7, 2019

The credits on Page 2 of the 5695 are expired, so they no longer get counted...is that the type of credit you are entering?  (theres a big informational window at the top of Page 2 that explains it)

Only solar, wind, geothermal and fuel cell credits are available.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
IRonMaN
Level 15
December 7, 2019
This is really frustrating -------------------- you would think Intuit could put up a big informational window at the top of the page so people wouldn't get confused by this. :expressionless::expressionless:
Slava Ukraini!
Just-Lisa-Now-
Intuit Community Champion
December 7, 2019

Sometimes you just gotta read the screen

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
IRonMaN
Level 15
December 7, 2019
Maybe they need to make it bigger and printed in puce.
Slava Ukraini!
abctax55
Level 15
December 7, 2019

https://accountants-community.intuit.com/questions/1798331-has-the-irs-extended-the-nonbusiness-ener...

And use the link in that thread to access the IRS list of what went awaaaaaaaaaaaaaaaaaaay.

HumanKind... Be Both