Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Miscellaneous Credits

Residential Energy Credits

Description and Eligibility

Taxpayers who purchase certain qualified energy-efficient improvements for their main home may be allowed a nonrefundable tax credit. There are two types of residential energy credits:

  • Residential energy-efficient property credit
  • Nonbusiness energy property credit

As you review the Life Events section of the intake and interview sheet, note if the taxpayers indicated that they purchased energy-efficient items. In your initial interview, you should have discovered if the taxpayer owned a home or not. See the Volunteer Resource Guide, Nonrefundable Credits tab, for key points on Energy Credits.

Tip

Before completing Form 5695, calculate any credit for the elderly or the disabled that the taxpayer may be eligible to claim.

Caution

This provision is subject to change. See the current Publication 4491X for any updates.

Top of Form 5695.
Form 5695, Residential Energy Efficient Property Credit

Form 5695, Residential Energy Efficient Property Credit