Form 5695

Forum|Forum|2 years ago
March 11, 2024
1 reply
12 views

I have a client that resides in NYC, they purchased a home in TN, a few years ago, however,they have installed energy efficent Central Air Sysytem 2023, the Home address is not changing on the form 5695. I have entered it on Residential Energy Property Central air conditioners

Also, the price is $11,429 but the credit is $600, am i doing something incorrect? Please Help!! Thank you

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Best answer by TaxGuyBill

@pbk51 wrote:

the Home address is not changing on the form 5695.

Also, the price is $11,429 but the credit is $600

It should allow you to enter the address of the home where the air conditioner is located. I don't use ProConnect so I can't guide to you exactly where to enter it.

A $600 credit is correct (assuming it meets the high-efficiency criteria, but be sure to double check that it qualifies).

T

TaxGuyBillAnswer

Level 15

@pbk51 wrote:

the Home address is not changing on the form 5695.

Also, the price is $11,429 but the credit is $600

It should allow you to enter the address of the home where the air conditioner is located. I don't use ProConnect so I can't guide to you exactly where to enter it.

A $600 credit is correct (assuming it meets the high-efficiency criteria, but be sure to double check that it qualifies).