fyllyoTax Forms
Form 5695
Residential Energy Credits
Fyllyo uses local AI to interpret your documents, calculate required answers and fill PDF forms. Review the answers and their sources before saving, without uploading client documents.
A simpler way to prepare a PDF.
Pick a form
Choose a built-in template or set up your own blank fillable PDF once.
Add client documents
Drop in PDFs, scans, photos, Word files or typed notes. The AI reads them on your computer.
Review and save
Check the source lines, confirm key facts and edit the PDF. Uncertain values stay blank and flagged.
Form reference
Before you begin.
Use these notes as a starting point. Check the issuing agency’s current form and instructions for your client’s situation.
Open the source PDFFyllyo helps prepare PDFs. It doesn’t provide legal or tax advice, determine eligibility, or file forms for you.
Get your energy upgrade details ready
Collect what you installed (solar, battery storage, geothermal, doors/windows, insulation, HVAC, etc.), when it was installed, where (your main home address), and how much you paid—including installation labor. Keep receipts, invoices, and any manufacturer certifications. You’ll use these to complete Form 5695, Residential Energy Credits, along with your individual return.
Details worth checking
Missing or incomplete main-home address
If the home address for your energy upgrades isn’t complete in Part I, the IRS can’t verify eligibility, leading to processing delays or rejection. The address must be your residential property, not a commercial location.
Wrong or unsupported costs for eligible property and labor
Entering costs that don’t match invoices—or excluding eligible installation labor—can reduce your credit or trigger notices. Overstated amounts risk penalties and audits.
Fuel cell credit limit exceeded
Fuel cell property is limited to a set amount per capacity (for example, $500 per each half kilowatt). Over-claiming leads to corrections and potential delays.
Worksheets skipped or miscalculated
Both the Residential Clean Energy Credit Limit Worksheet (Part I) and the Energy Efficient Home Improvement Credit Limit Worksheet (Part II) determine how much you can claim. Skipping them or miscalculating results in wrong credit amounts.
Improvements not made to your main home or not as the original user
Credits often require that upgrades be installed at your main home and that you’re the original user of the components. Used equipment or secondary properties may not qualify.
Manufacturer certifications not retained
You usually shouldn’t attach manufacturer certifications to your return, but you must keep them. Missing documentation can complicate audits or future questions.
Utility subsidies not deducted from costs
Public-utility rebates must reduce the eligible cost before calculating credits. Forgetting this leads to overstated claims and potential IRS adjustments.
Joint occupancy not allocated correctly
When multiple occupants share costs, each person must claim only their share. Misallocation can cause mismatches and processing issues.
Credit limited by tax liability and carryover not handled
If your current-year tax liability limits the credit you can use, you may carry the unused portion forward. Missing this wastes part of your benefit.
Set up your own form once.
Fyllyo’s cloud service prepares a reusable template from your blank fillable PDF and setup instructions. No API key is required. Client documents stay on your computer, and subsequent filling runs locally. Check the first few filled forms carefully.
Mac with M1 or later · 16 GB memory recommended · About 8 GB free disk space