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Level 1
June 5, 2019
Solved

I ordered a geothermal system in 2018, but installation wasn't completed until Jan 2019, when I paid the balance. Can I take the energy credit on my 2018 taxes?

  • June 5, 2019
  • 1 reply
  • 5 views
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Best answer by DoninGA

Since the installation was completed in 2019 and paid for means the credit can only be reported on a 2019 tax return to be filed next year in 2020.

1 reply

DoninGA
Level 15
DoninGALevel 15Answer
Level 15
June 5, 2019

Since the installation was completed in 2019 and paid for means the credit can only be reported on a 2019 tax return to be filed next year in 2020.