Comments on: Residential Energy Tax Credit 2011: You May Not Receive As Much Green As You Think!

By: Rob Biafore

Rob Biafore — Tue, 12 Feb 2013 04:52:09 +0000

I am trying to get the tax credit for an energy star rated door I installed in 2012 and am a little confused about the lifetime limit calculation. I did get a credit of $149 in 2006, but my main home back then was diffferent than my current main home. Is the lifetime limit tied to the particular property or is it a lifetime agregate of all properties I’ve used as my main home?

By: Brian Ballish

Brian Ballish — Thu, 07 Feb 2013 04:12:24 +0000

Dear Lisa, I took energy credit for windows and a new roof. When I went to E-file my taxes, Turbo Tax blocked me because of a problem with form 5695. My state is Michigan, and new for this year they are asking for their tax returns to be E-filed only. I cannot see why the Feds would have a problem, unless this is caused by new laws that make Turbo-Tax software no longer viable for this form. Any Ideas? Thanks, Brian Ballish

By: TurboTaxLisa

TurboTaxLisa — Mon, 30 Jul 2012 23:46:33 +0000

Hi Richard,
To enter the high efficiency A/C unit go to:
- The “Enter Your Qualified Energy-Saving Improvements” screen and enter it under “Energy-Efficient Building Property”. If you click on “explain this” next to energy efficient building property you will see central air conditioners as one of the examples.
Thank you,
Lisa Greene-Lewis
http://blog.turbotax.intuit.com

By: Richard Shier

Richard Shier — Mon, 30 Jul 2012 06:21:03 +0000

I’m still doing my 2011 taxes.
I had installed in 2011 a high efficiency furnace (95%) with high efficiency fan. I have entered these will receive $200 tax credit.
However, I also installed a high efficiency (14 SEER) Whole house A/C unit.
I’ll be darned if I can find where to enter this to get my $300 tax credit.

By: TurboTaxLisa

TurboTaxLisa — Fri, 06 Jul 2012 16:47:27 +0000

Hi,
Glad you like it. Check back for more interesting topics.
Thank you,
Lisa Greene-Lewis
http://blog.turbotax.intuit.com

By: Generator

Generator — Mon, 11 Jun 2012 23:40:41 +0000

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By: Marie Trelstad

Marie Trelstad — Wed, 18 Apr 2012 15:31:43 +0000

Great information on the new tax credits. The incentive for going “green” when it comes to choosing the right windows and appliances for your home increases when people realize the added benefit of a tax write off.

By: Aaron

Aaron — Wed, 07 Dec 2011 21:35:36 +0000

I had a home energy audit performed recently and ended up saving a great deal of money on my electric bill as well as receiving rebates and a tax credit. Highly recommended!

By: TurboTaxLisa

TurboTaxLisa — Sun, 16 Oct 2011 17:49:20 +0000

Thank you! I am so glad you enjoyed it!
Lisa Lewis

By: SaimaBaig

SaimaBaig — Fri, 14 Oct 2011 02:53:03 +0000

Great Post! such a nice blog. This blog is ever amazing. Thanks