The form 5695 for residential energy credit not calculating, or is it not available for 2018?

[rick-ameritax]

The form 5695 is not calculating and giving any credits for 2018.

[Just-Lisa-Now- · Accepted solution]

This huge informational section on the Form 5695 didn't show up in your program?

[abctax55]

That's cool....I've gotta check to see if Lacerte is doing that.

[IRonMaN]

Maybe they should put that notice in braille so everybody can "see" it :grin:

[abctax55]

See my post here:

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

[Ernie]

What credit on there are you claiming?

[rick-ameritax]

RESIDENTIAL ENERGY CREDIT FOR NEW FURNACE, WINDOWS, ETC UP TO $500.

[Ernie]

Those, as of now, are not renewed.  There are rumblings that they may be but nothing in the wind that I know of.

[IRonMaN]

That's odd that the software doesn't provide some kind of message about that :confused:

[abctax55]

LOL...

[Ernie]

:joy: :+1:

[abctax55]

Paging Jeff....guess we need to put a rush order in for more counters.  

[IRonMaN]

So it gets a little cold and everyone starts asking about energy credits?  

[SummersTax]

The non-business energy credit has been reinstated back to 12/31/17 yet the 2018 Professional software does not calculate credit.  As per IRS instructions for 5695:

Nonbusiness energy property credit is available for 2018 and 2019. ... You may also now claim the credit for 2018 if you meet the criteria for that year, but most taxpayers will need to file their 2018 Form 5695 with an amended return (Form 1040-X) to claim the credit for 2018.

Talked with support today and they don't know anything.  Anyone have any incite?

[SFBacct]

Has anyone provided an answer to this yet?   Piling up tax returns waiting for this!