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New Member
posted Jan 31, 2024 11:11:31 PM

Home energy efficiency tax credit limits and heat pump credits for 2023 not updated?

The Federal home energy efficiency tax credits appears to be capped at $500, which is the limit from 2022.  The 2023 limit should be $1200.   Also does not allow me to claim the new 2023 Inflation Reduction Act tax credits for heat pump water heaters ($2000).

 

This Intuit webpage suggests these new tax rules were updated in Dec 2023, but I do not see these items reflected in the desktop software?

 

https://turbotax.intuit.com/tax-tips/home-ownership/energy-tax-credit-which-home-improvements-qualify/L5rZH56ex

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1 Replies
Intuit Alumni
Feb 1, 2024 6:12:12 AM

The link you sent is for the US. You are on the TurboTax Canada site where we deal with Canadian tax issues. Please go to the US site to post your question.

Thank you for choosing TurboTax.