Fillable Form 5695 - Residential Energy Credits

Form 5695 (2012)

Page

Window Expense Worksheet—Line 21f

Do not enter more than $300 on line 24a.

1. Enter the amount from your 2006 Form 5695,

Line 24b. Enter the amounts you paid for a natural gas, propane, or

oil furnace or hot water boiler that achieves an annual fuel utilization

line 2b .

rate of at least 95.

2. Enter the amount from your 2007 Form 5695,

Do not enter more than $150 on line 24b.

line 2d .

Line 24c. Enter the amounts you paid for an advanced main air

3. Enter the amount from your 2009 Form 5695,

circulating fan used in a natural gas, propane, or oil furnace that has

line 2b .

an annual electricity use of no more than 2% of the total annual

4. Enter the amount from your 2010 Form 5695,

energy use of the furnace (as determined in the standard

Department of Energy test procedures).

line 2b .

Do not enter more than $50 on line 24c.

5. Add lines 3 and 4 .

6. Multiply line 5 by 3.0 .

Manufacturer’s certification. For purposes of taking the credit,

you can rely on a manufacturer’s certification in writing that a

7. Enter the amount from your 2011 Form 5695,

product is qualified residential energy property. Do not attach the

line 3d .

certification to your return. Keep it for your records.

8. Add lines 1, 2, 6, and 7. Also enter this

Line 27

amount on Form 5695, line 21f .

If the rules discussed earlier for joint occupancy apply, cross out the

Manufacturer’s certification. For purposes of taking the credit,

preprinted $500 on line 27 and enter on line 27 the smaller of:

you can rely on a manufacturer’s certification in writing that a

building envelope component is an eligible building envelope

1. The amount on line 26, or

component. Do not attach the certification to your return. Keep it for

2. $500 multiplied by a fraction. The numerator is the amount on

your records.

line 26. The denominator is the total amount from line 26 for all

Lines 24a Through 24c

owners.

For more details, see Joint occupancy, earlier.

Also include on lines 24a through 24c any labor costs

properly allocable to the onsite preparation, assembly,

Line 31

TIP

or original installation of the property.

Complete the worksheet below to figure the amount to enter on line

31.

Line 24a. Enter the amounts you paid for energy-efficient building

property. Energy-efficient building property is any of the following.

Credit Limit Worksheet—Line 31

• An electric heat pump water heater that yields an energy factor of

1. Enter the amount from Form 1040, line 46, or

at least 2.0 in the standard Department of Energy test procedure.

Form 1040NR, line 44 .

• An electric heat pump that achieves the highest efficiency tier

2. Enter the total, if any, of your credits from

established by the Consortium for Energy Efficiency (CEE) as in

Form 1040, lines 47 through 50, and

effect on January 1, 2009.

Schedule R, line 22; or Form 1040NR, lines

• A central air conditioner that achieves the highest efficiency tier

45 through 47

that has been established by the CEE as in effect on January 1,

2009.

3. Subtract line 2 from line 1. Also enter this

• A natural gas, propane, or oil water heater that has an energy

amount on Form 5695, line 31. If zero or less,

factor of at least 0.82 or a thermal efficiency of at least 90%.

stop; you cannot take the nonbusiness

• A stove that uses the burning of biomass fuel to heat your home

energy property credit .

or heat water for your home that has a thermal efficiency rating of at

least 75%. Biomass fuel is any plant-derived fuel available on a

renewable or recurring basis, including agricultural crops and trees,

wood and wood waste and residues (including wood pellets), plants

(including aquatic plants), grasses, residues, and fibers.

Form 5695 - Residential Energy Credits - 2012 Page 6

Related Articles

Related forms

Related Categories