Also enter this amount on Form 5695, line 31.Earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account openingĮarn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®), plus 1% on all other purchasesĮarn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through Įarn 8% cash back on Capital One Entertainment purchasesĮarn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. + Credit for Child or Dependent Care Expenses, Schedule 3 (Form 1040), line 2 * Include the amount in the instructions for Schedule 8812 (Form 1040), Credit Limit Worksheet B, line 14, instead of the amount from Form 1040, 1040-SR, or 1040-NR, line 19, if the instructions for Schedule 8812 (Form 1040) direct you to complete Credit Limit Worksheet B. If zero or less, enter ‐0‐ on Form 5695, lines 14 and 15 Also enter this amount on Form 5695, line 14. See the instructions for your 2023 income tax return. Not all credits/adjustments are available for all years nor for all filers. Enter the total of the preceding credit(s)/adjustment(s), only if allowed and taken on your 2023 income tax return. + Carryforward of the District of Columbia First-Time Homebuyer Credit, Form 8859, line 3 + Mortgage Interest Credit, Form 8396, line 9 + Child tax credit or credit for other dependents, Form 1040, 1040-SR, or 1040-NR, line 19* + New Clean Vehicle Credit, Personal use part, Form 8936, line 13 + Credit for previously owned clean vehicles, Form 8936, line 18 + Energy efficient home improvement credit, Form 5695, line 32* + Retirement Savings Contributions Credit, Schedule 3 (Form 1040), line 4 + Nonrefundable Education Credits, Schedule 3 (Form 1040), line 3 + Credit for the Elderly or the Disabled, Schedule R (Form 1040), line 22 + Credit for Child and Dependent Care Expenses, Schedule 3 (Form 1040), line 2 + Foreign Tax Credit, Schedule 3 (Form 1040), line 1 + Negative Form 8978 Adjustment, Schedule 3 (Form 1040), line 6l The home doesn't have to be your main home.Įnter the amount from Form 1040, 1040-SR, or 1040-NR, line 18Įnter the total of the following credit(s)/adjustment(s) if you are taking the credit(s)/adjustment(s) on your 2023 income tax return: To qualify for the credit, the property must be certified for performance by the nonprofit Solar Rating Certification Corporation or a comparable entity endorsed by the government of the state in which the property is installed. This is in contrast to structural components such as a roof's decking or rafters that serve only a roofing or structural function and thus do not qualify for the credit. These solar roofing tiles and solar roofing shingles can qualify for the credit. Some solar roofing tiles and solar roofing shingles serve the function of both traditional roofing and solar electric collectors, and thus serve functions of both solar electric generation and structural support. No costs relating to a solar panel or other property installed as a roof (or portion thereof) will fail to qualify solely because the property constitutes a structural component of the structure on which it is installed. Qualified solar water heating property costs are costs for property to heat water for use in your home located in the United States if at least half of the energy used by the solar water heating property for such purpose is derived from the sun. Qualified solar water heating property costs.
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