new windows on Sch E

[Bill Tubbs]

May be a dumb question, but here goes anyhow...

Client installed 2 Energy Star windows on their Sch E rental. Do I do anything special with the energy efficient windows (besides adding them as an improvement, that is)? If they had been installed in his home then he would have been entitled to a 10% credit (Form 5695 carrying to Form 1040 line 52).

Bill

[ChEAr$]

The word "If"

May be a dumb question, but here goes anyhow...

Client installed 2 Energy Star windows on their Sch E rental. Do I do anything special with the energy efficient windows (besides adding them as an improvement, that is)? If they had been installed in his home then he would have been entitled to a 10% credit (Form 5695 carrying to Form 1040 line 52).

Bill

is "close, but no cigar", if you ever heard that old expression.

the energy credits are just for personal residences i believe.

[BOB W]

You are......

..... correct "Personal Residence" only. It is the second question of the form.

[Bill Tubbs]

Thanks

Thank you both for your confirmation.

Bill