Tax Credit Form

Form 5695 (2012)
Page 6
Window Expense Worksheet—Line 21f
1. Enter the amount from your 2006 Form 5695,
line 2b . . . . . . . . . . . .
1.
2. Enter the amount from your 2007 Form 5695,
line 2d . . . . . . . . . . . .
2.
3. Enter the amount from your 2009 Form 5695,
line 2b . . . . . . . . . . . .
3.
4. Enter the amount from your 2010 Form 5695,
line 2b . . . . . . . . . . . .
4.
5. Add lines 3 and 4 . . . . . . . . .
5.
6. Multiply line 5 by 3.0 . . . . . . . .
6.
7.
Enter the amount from your 2011 Form 5695,
line 3d . . . . . . . . . . . .
7.
8. Add lines 1, 2, 6, and 7. Also enter this
amount on Form 5695, line 21f . . . . .
8.
Manufacturer’s certification. For purposes of taking the credit,
you can rely on a manufacturer’s certification in writing that a
building envelope component is an eligible building envelope
component. Do not attach the certification to your return. Keep it for
your records.
Lines 24a Through 24c
TIP
Also include on lines 24a through 24c any labor costs
properly allocable to the onsite preparation, assembly,
or original installation of the property.
Line 24a. Enter the amounts you paid for energy-efficient building
property. Energy-efficient building property is any of the following.
• An electric heat pump water heater that yields an energy factor of
at least 2.0 in the standard Department of Energy test procedure.
• An electric heat pump that achieves the highest efficiency tier
established by the Consortium for Energy Efficiency (CEE) as in
effect on January 1, 2009.
• A central air conditioner that achieves the highest efficiency tier
that has been established by the CEE as in effect on January 1,
2009.
• A natural gas, propane, or oil water heater that has an energy
factor of at least 0.82 or a thermal efficiency of at least 90%.
• A stove that uses the burning of biomass fuel to heat your home
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.
Do not enter more than $300 on line 24a.
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
rate of at least 95.
Do not enter more than $150 on line 24b.
Line 24c. Enter the amounts you paid for an advanced main air
circulating fan used in a natural gas, propane, or oil furnace that has
an annual electricity use of no more than 2% of the total annual
energy use of the furnace (as determined in the standard
Department of Energy test procedures).
Do not enter more than $50 on line 24c.
Manufacturer’s certification. For purposes of taking the credit,
you can rely on a manufacturer’s certification in writing that a
product is qualified residential energy property. Do not attach the
certification to your return. Keep it for your records.
Line 27
If the rules discussed earlier for joint occupancy apply, cross out the
preprinted $500 on line 27 and enter on line 27 the smaller of:
1. The amount on line 26, or
2. $500 multiplied by a fraction. The numerator is the amount on
line 26. The denominator is the total amount from line 26 for all
owners.
For more details, see Joint occupancy, earlier.
Line 31
Complete the worksheet below to figure the amount to enter on line
31.
Credit Limit Worksheet—Line 31
1. Enter the amount from Form 1040, line 46, or
Form 1040NR, line 44 . . . . . . .
1.
2. Enter the total, if any, of your credits from
Form 1040, lines 47 through 50, and
Schedule R, line 22; or Form 1040NR, lines
45 through 47 . . . . . . . . .
2.
3. Subtract line 2 from line 1. Also enter this
amount on Form 5695, line 31. If zero or less,
stop; you cannot take the nonbusiness
energy property credit . . . . . . .
3.