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How do I model Federal Tax Credits for Energy Efficiency?

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(@rnlwhit)
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Joined: 2 months ago
Posts: 1
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Hello everyone,

I finally signed up about 2 weeks ago and am impressed with PRC. One thing I have not been able to account for is Federal Tax Credits for Energy Efficiency.

I was forced to upgrade my home HVAC system this year and will be eligible for some credits on my 2025 taxes. I am not expecting there to ever be a field labeled Federal Tax Credits for Energy Efficiency.

Looking for suggestions on how/where to model this.

Thank you in advance for you assistance.



   
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(@acker280)
New Member
Joined: 5 years ago
Posts: 1
 

...also looking for a way do this, but I don't think Pralana gets this far down into the weeds (nor should it really imo).

 

In the meantime what I did last year for air based heat pump credit:

1) Ran Pralana tax form 1040

2) Subtracted tax credit (credit amount on line 20, new total tax due is on line 24)

Done.


This post was modified 3 weeks ago 4 times by Robert Acker

   
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