turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Is there a way, in turbo tax, to see what my tax return would be next year if I add solar panels to my home?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Is there a way, in turbo tax, to see what my tax return would be next year if I add solar panels to my home?

The solar credit is non refundable so look at this year's 1040 line 24 ... that is the max credit you could have used in 2021 to zero out your federal tax bill.  Then recalculate  the rest of the return to see how it affects the bottom line. What you cannot use will carry to the next tax year. 

View solution in original post

1 Reply

Is there a way, in turbo tax, to see what my tax return would be next year if I add solar panels to my home?

The solar credit is non refundable so look at this year's 1040 line 24 ... that is the max credit you could have used in 2021 to zero out your federal tax bill.  Then recalculate  the rest of the return to see how it affects the bottom line. What you cannot use will carry to the next tax year. 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies