www.aarp.org/tax?

Question

Use of tax form 5695 and an example of.

Answer 1

You may be able to take these credits if you made
energy saving improvements to your home located in
the United States in 2006. For credit purposes, costs
are treated as being paid when the original installation
of the item is completed, or in the case of costs
connected with the construction or reconstruction of
your home, when your original use of the constructed
or reconstructed home begins. If less than 80% of the
use of an item is for nonbusiness purposes, only that
portion of the costs that are allocable to the
nonbusiness use can be used to determine the credit.

Qualified energy efficiency improvements. Qualified
energy efficiency improvements are the following
building envelope components installed on or in your
main home that you owned during 2006 located in the
United States if these components are new and can be
expected to remain in use for at least 5 years.
c Any insulation material or system that is specifically
and primarily designed to reduce the heat loss or gain
of a home when installed in or on such home.
c Exterior windows (including certain storm windows
and skylights).
c Exterior doors (including certain storm doors).
c Any metal roof installed on a home, but only if this
roof has appropriate pigmented coatings that are
specifically and primarily designed to reduce the heat
gain of the home.
For purposes of figuring the credit, do not include
amounts paid for the onsite preparation, assembly, or
original installation of the property.
http://www.irs.gov/pub/irs-pdf/f5695.pdf
(instructions to form 5695)

Answer 2

There's no such link at AARP's website.

Form 5695 is the Residential Energy Credit. http://www.irs.gov/pub/irs-pdf/f5695.pdf

Instructions are on the form itself.