Use Tax Form 5695: Residential Energy Credits as a stand alone tax form calculator to quickly calculate specific amounts for your 2025 tax return. Alternatively you can use one of our Combined Federal and State Tax Estimator to quickly calculate your salary, tax and take home pay.
Residential Energy Credits Part I. Residential Energy Efficient Property Credit (See instructions before completing this part.) Note: Skip lines 1 through 11 if you only have a credit carryforward from 2015. 1 Qualified solar electric property costs 1 2 Qualified solar water heating property costs 2 3 Qualified small wind energy property costs 3 4 Qualified geothermal heat pump property costs 4 5 Add lines 1 through 4 5 6 Multiply line 5 by 30% (0.3) 6 7a Qualified fuel cell property. Was qualified fuel cell property installed on or in connection with your main home located in the United States? (See instructions) 7a b Print the complete address of the main home where you installed the fuel cell property. 8 Qualified fuel cell property costs 8 9 Multiply line 8 by 30% (0.3) 9 10 Kilowatt capacity of property on line 8 above ▸ _____ x $1000 10 11 Enter the smaller of line 9 or line 10 11 12 Credit carryforward from 2015. Enter the amount, if any, from your 2015 Form 5695, line 16 12 13 Add lines 6, 11, and 12 13 14 Limitation based on tax liability. Enter the amount from the Residential Energy Efficient Property Credit Limit Worksheet (see instructions) 14 15 Residential energy efficient property credit. Enter the smaller of line 13 or line 14. Also include this amount on Form 1040, line 53; or Form 1040NR, line 50 15 16 Credit carryforward to 2017. If line 15 is less than line 13, subtract line 15 from line 13 16 Part II. Nonbusiness Energy Property Credit 17a Were the qualified energy efficiency improvements or residential energy property costs for your main home located in the United States? (see instructions) 17a b Print the complete address of the main home where you made the qualifying improvements. c Were any of these improvements related to the construction of this main home? 17c 18 Lifetime limitation. Enter the amount from the Lifetime Limitation Worksheet (see instructions) 18 19 Qualified energy efficiency improvements (original use must begin with you and the component must reasonably be expected to last for at least 5 years; do not include labor costs) (see instructions). a Insulation material or system specifically and primarily designed to reduce heat loss or gain of your home that meets the prescriptive criteria established by the 2009 IECC 19a b Exterior doors that meet or exceed the version 6.0 Energy Star program requirements 19b c Metal or asphalt roof that meets or exceeds the Energy Star program requirements and has appropriate pigmented coatings or cooling granules which are specifically and primarily designed to reduce the heat gain of your home 19c d Exterior windows and skylights that meet or exceed the version 6.0 Energy Star program requirements 19d e Maximum amount of cost on which the credit can be figured 19e f If you claimed window expenses on your Form 5695 prior to 2016, enter the amount from the Window Expense Worksheet (see instructions); otherwise enter -0- 19f g Subtract line 19f from line 19e. If zero or less, enter -0- 19g h Enter the smaller of line 19d or line 19g 19h 20 Add lines 19a, 19b, 19c, and 19h 20 21 Multiply line 20 by 10% (0.1) 21 22 Residential energy property costs (must be placed in service by you; include labor costs for onsite preparation, assembly, and original installation) (see instructions). a Energy-efficient building property. Do not enter more than $300 22a b Qualified natural gas, propane, or oil furnace or hot water boiler. Do not enter more than $150 22b c Advanced main air circulating fan used in a natural gas, propane, or oil furnace. Do not enter more than $50 22c 23 Add lines 22a through 22c 23 24 Add lines 21 and 23 24 25 Maximum credit amount. (If you jointly occupied the home, see instructions) 25 26 Enter the amount, if any, from line 18 26 27 Subtract line 26 from line 25. If zero or less, stop; you cannot take the nonbusiness energy property credit 27 28 Enter the smaller of line 24 or line 27 28 29 Limitation based on tax liability. Enter the amount from the Nonbusiness Energy Property Credit Limit Worksheet (see instructions) 29 30 Nonbusiness energy property credit. Enter the smaller of line 28 or line 29. Also include this amount on Form 1040, line 53; or Form 1040NR, line 50 30