Form 5695 - Residential Energy Credits

Per IRS Instructions for Form 5695, page 1:

Nonbusiness energy property credit is available for 2018 and 2019. Recent legislation has made the nonbusiness energy property credit available for both 2018 and 2019. All references to the credit have been reinserted in these instructions. The credit had expired at the end of 2017. You may claim the nonbusiness energy property credit on your 2019 return if you meet the 2019 criteria. See Nonbusiness Energy Property Credit (Part II) and Part II, Nonbusiness Energy Property Credit, later.

You may also now claim the credit for 2018 if you meet the criteria for that year, but most taxpayers will need to file their 2018 Form 5695 with an amended return (Form 1040-X) to claim the credit for 2018. See Form 1040-X and its instructions at for details. 2018 Form 5695 and its instructions are available at

Page 2:

Nonbusiness Energy Property Credit (Part II)

You may be able to take a credit equal to the sum of:

  1. 10% of the amount paid or incurred for qualified energy efficiency improvements installed during 2019, and
  2. Any residential energy property costs paid or incurred in 2019. However, this credit is limited as follows.
    • A total combined credit limit of $500 for all tax years after 2005.
    • A combined credit limit of $200 for windows for all tax years after 2005.
    • A credit limit for residential energy property costs for 2019 of $50 for any advanced main air circulating fan; $150 for any qualified natural gas, propane, or oil furnace or hot water boiler; and $300 for any item of energy efficient building property.

To enter Form 5695 information in TaxAct:

  1. From within your TaxAct® return (Online or Desktop), click Federal. On smaller devices, click in the upper left-hand corner, then choose Federal.
  2. Click Other Credits in the Federal Quick Q&A Topics menu in the middle of the screen to expand the category, then click Residential energy credit
  3. The program will proceed with the interview questions to enter the appropriate information

Related Links