5695 Residential Energy Credits

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Form

5695

Department of the Treasury
Internal Revenue Service

OMB No. 1545-0074

Residential Energy Credits

2023

Attach to Form 1040, 1040-SR, or 1040-NR.
Go to www.irs.gov/Form5695 for instructions and the latest information.

Attachment
Sequence No. 75
Your social security number

Name(s) shown on return

Part I

TREASURY/IRS
AND OMB USE
ONLY DRAFT
June 8, 2023
DO NOT FILE
Residential Clean Energy Credit (See instructions before completing this part.)

Note: Skip lines 1 through 11 if you only have a credit carryforward from 2022.

Enter the complete address of the home where you installed the property and/or technology associated with lines 1 through 4 and 5b.
For more than one home, see instructions.
Unit no.

Number and street

City or town

State

1

Qualified solar electric property costs

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Qualified solar water heating property costs

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Qualified small wind energy property costs

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Qualified geothermal heat pump property costs

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4

5a

Qualified battery storage technology. Does the qualified battery storage technology have a capacity of
at least 3 kilowatt hours? (See instructions.) If you checked the “No” box, you cannot claim a credit
for qualified battery storage technology . . . . . . . . . . . . . . . . . . . . .

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b If you checked the “Yes” box, enter the qualified battery technology costs
6a

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5a
5b

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6a

b Multiply line 6a by 30% (0.30) .

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6b

7a

Add lines 1 through 5b

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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.) . . . . . . . . . . . . . .
If you checked the “No” box, you cannot claim a credit for qualified fuel cell property. Skip lines 7b
through 11.

7a

ZIP code

Yes

No

Yes

No

b Enter the complete address of the main home where you installed the fuel cell property.
Number and street

Unit no.

State

City or town

ZIP code

8

Qualified fuel cell property costs

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8

9

Multiply line 8 by 30% (0.30)

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9

10

Kilowatt capacity of property on line 8 above .

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11

Enter the smaller of line 9 or line 10

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12

Credit carryforward from 2022. Enter the amount, if any, from your 2022 Form 5695, line 16

13

Add lines 6b, 11, and 12 .

14

Limitation based on tax liability. Enter the amount from the Residential Clean Energy Credit Limit
Worksheet. (See instructions.) . . . . . . . . . . . . . . . . . . . . . . . .

14

Residential clean energy credit. Enter the smaller of line 13 or line 14. Also include this amount on
Schedule 3 (Form 1040), line 5a . . . . . . . . . . . . . . . . . . . . . . .

15

15

16

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10

x $1,000
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Credit carryforward to 2024. If line 15 is less than line 13, subtract line 15
from line 13 . . . . . . . . . . . . . . . . . . . . . .

For Paperwork Reduction Act Notice, see your tax return instructions.

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11

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12

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Cat. No. 13540P

Form 5695 (2023)

Page 2

Form 5695 (2023)

Part II

Energy Efficient Home Improvement Credit

Section A—Qualified Energy Efficiency Improvements
17a

Are the qualified energy efficiency improvements installed in or on your main home located in the
United States? (See instructions.) . . . . . . . . . . . . . . . . . . . . . . .

17a
17b
17c

Yes
Yes
Yes

No
No
No

17e

Yes

No

Yes
Yes

No
No

TREASURY/IRS
AND OMB USE
ONLY DRAFT
June 8, 2023
DO NOT FILE

b Are you the original user of the qualified energy efficiency improvements? . . . . . . . . .
c Are the components reasonably expected to remain in use for at least 5 years?
. . . . . . .
If you checked the “No” box for line 17a, 17b, or 17c, you cannot claim the energy efficient home
improvement credit. Do not complete Part II, Section A.
d Enter the complete address of the main home where you made the qualifying improvements.
Caution: You can only have one main home at a time. (See instructions.)
Number and street

e

18
a

b
19
a
b
c
d
e
20
a

Unit no.

City or town

ZIP code

State

Were any of these improvements related to the construction of this main home? . . . . . . .
If you checked the “Yes” box, you can only claim the energy efficient home improvement credit for
qualifying improvements that were not related to the construction of the home. Do not include expenses
related to the construction of your main home, even if the improvements were made after you moved
into the home.
Insulation or air sealing material or system.
Enter the cost of insulation material or system (include air sealing material or
system) specifically and primarily designed to reduce heat loss or gain of your
home that meets the criteria established by the IECC. (See instructions.) . . .

Multiply line 18a by 30% (0.30). Enter the results. Do not enter more than $1,200
Exterior doors that meet the applicable Energy Star requirements.
Enter the cost of the most expensive door you bought . . . . . . . .
Multiply line 19a by 30% (0.30). Do not enter more than $250
. . . . .
Enter the cost of all other qualifying exterior doors
. . . . . . . . .
Multiply line 19c by 30% (0.30) . . . . . . . . . . . . . . . .
Add lines 19b and 19d. Do not enter more than $500 . . . . . . . . .
Windows and skylights that meet the Energy Star certification requirements.
Enter the cost of exterior windows and skylights that meet the Energy Star
certification requirements. (See instructions.) . . . . . . . . . . .
b Multiply line 20a by 30% (0.30). Enter the results. Do not enter more than $600 .

18a
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18b

19a
19b
19c
19d
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19e

20a
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20b

Section B—Residential Energy Property Expenditures
21a

Did you incur costs for qualified energy property installed on or in connection with a home located in
the United States? . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b Was the qualified energy property originally placed into service by you? . . . . . . . . . .
If you checked the “No” box for line 21a or 21b, you cannot claim the credit for your residential
energy property costs. Skip lines 22 through 25 and line 29. Go to line 26.
c

21a
21b

Enter the complete address of each home where you installed qualified energy property.
Number and street

Unit no.

City or town

ZIP code

State

22

Residential energy property costs (include labor costs for onsite preparation,
assembly, and original installation). (See instructions.)

a
b
23a
b
24a
b

Enter the cost of central air conditioners
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22a
Multiply line 22a by 30% (0.30). Enter the results. Do not enter more than $600 . . .
23a
Enter the cost of natural gas, propane, or oil water heaters . . . . . .
Multiply line 23a by 30% (0.30). Enter the results. Do not enter more than $600 . . .
Enter the cost of natural gas, propane, or oil furnace or hot water boilers . .
24a
Multiply line 24a by 30% (0.30). Enter the results. Do not enter more than $600 . . .

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22b

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23b

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24b
Form 5695 (2023)

Page 3

Form 5695 (2023)

Section B—Residential Energy Property Expenditures (continued)
25a

Enter the cost of improvements or replacement of panelboards, subpanelboards,
branch circuits, or feeders . . . . . . . . . . . . . . . . .

25a
b Multiply line 25a by 30% (0.30). Enter the results. Do not enter more than $600 . . . . . . . .
26
Home energy audits.
a Did you incur costs for a home energy audit that included an inspection of your main home located in
the United States and a written report prepared by a certified home energy auditor? (See instructions.)

25b

TREASURY/IRS
AND OMB USE
ONLY DRAFT
June 8, 2023
DO NOT FILE

If you checked the “No” box, you cannot claim the home energy audit credit. Stop. Go to line 27.
b Enter the cost of the home energy audits . . . . . . . . . . . .
26b
c Multiply line 26b by 30% (0.30). Enter the results. Do not enter more than $150 . . . . . . . .
27
Add lines 18b, 19e, 20b, 22b, 23b, 24b, 25b, and 26c . . . . . . . .
27
28
Enter the smaller of line 27 or $1,200 . . . . . . . . . . . . . . . . . . . . . .
29
Heat pumps and heat pump water heaters; biomass stoves and biomass boilers.
a Enter the cost of electric or natural gas heat pumps . . . . . . . . .
29a
b Enter the cost of electric or natural gas heat pump water heaters . . . .
29b
c Enter the cost of biomass stoves and biomass boilers . . . . . . . .
29c
d Add lines 29a, 29b, and 29c . . . . . . . . . . . . . . . . .
29d
e Multiply line 29d by 30% (0.30). Enter the results. Do not enter more than $2,000 . . . . . . .
30
Add lines 28 and 29e . . . . . . . . . . . . . . . . . . . . . . . . . . .
31
Limitation based on tax liability. Enter the amount from the Energy Efficient Home Improvement Credit
Limit Worksheet. (See instructions.) . . . . . . . . . . . . . . . . . . . . . .
32
Energy efficient home improvement credit. Enter the smaller of line 30 or line 31. Also include this
amount on Schedule 3 (Form 1040), line 5b
. . . . . . . . . . . . . . . . . . .

26a

Yes

No

26c
28

29e
30
31
32

Form 5695 (2023)