Energy Credit

[AlmostRetired]

The 5695 form is supposed to be finalized today and the solar credits seem to be working.   However I have had a few files with a new furnace and windows and these credits do not appear to be working.     Is anyone else having issues?

[steve5]

I just finished two that I was waiting for the form to be finished.  Seems to be working now.

[Just-Lisa-Now-]

I think yesterdays update had it up and working, I saw people in the PS Facebook group that were able to EF the 5695 really late yesterday afternoon

[chenschuh]

Form 5695 Part II, in the worksheet I entered the amount for exterior windows, it does not calculate 30% credit. Anyone got the right credit?

[Just-Lisa-Now-]

The form seems to have a lot more boxes that need to be checked and address needs to be filled in, you may need to read the contents of the form more than just fill in the dollar amounts.

[chenschuh]

Of course, I answered other questions, but couldn't get the right credit. Just wanted to know if anyone has luck getting  the right credit amount.

[Just-Lisa-Now-]

Im looking at the instructions and see exterior windows get 30% but are limited to $600.  Is it not giving you the $600 credit on line 20b?

This is from irs.gov

The maximum credit you can claim each year is: $1,200 for energy property costs and certain energy efficient home improvements, with limits on doors ($250 per door and $500 total), windows ($600) and home energy audits ($150) $2,000 per year for qualified heat pumps, biomass stoves or biomass boilers.

[Twanger]

Completed Form 5695 today, answered questions and entered amounts for AC and furnace.

Form did not calculate out the credit.    Called Pro-Series about this.  Just got a IRS link about Form 5695 , which link can not be found either.

[Just-Lisa-Now-]

Theres a few checkboxes that have to be marked for the credit to compute, I dont have the form in front of me or know which section the ACs are in, so I dont have the line numbers memorized, but scroll up to the top of the section above that smart worksheet and see if there are a couple of checkboxes that need to be checked, 

[Just-Lisa-Now-]

Oh, I added a couple of screen shots for someone yesterday in this thread, so that might help..

https://accountants.intuit.com/community/proseries-tax-discussions/discussion/re-form-5695/01/285344...

[Just-Lisa-Now-]

Oh, this screen shot on this thread looks like it shows the checkboxes for the AC section

https://accountants.intuit.com/community/proseries-tax-discussions/discussion/form-5695-line-31/00/2...

[steve5]

Any returns with the Form 5695 are not getting processed by Intuit either.  I efiled one two days ago and two yesterday and on the EF Center it reads "Received by Intuit."   I have already had one return efiled this morning accepted.

What is going on??

[TYRONETURKEY]

i efiled  3 days ago  no acceptance

[IRonMaN]

Investigating: Delayed Processing for returns with form 5695 - Intuit Accountants Community