DanielleCPA
Expert Alumni

Get your taxes done using TurboTax

Hi @BrailMethod!

 

To claim the solar credit, please follow these steps:

  • In TurboTax, open your tax return
  • Click on Federal in the left-hand column, then on Deductions & Credits on top of the screen
  • Scroll down to All Tax breaks, locate the section Your Home and click on Show more
  • Click Start next to Home Energy Credits (see screenshot)
  • Follow the interview to enter your information.

The credit is nonrefundable, meaning it cannot create a refund for you.  

  • If in 2022 you end up with a bigger credit than you have income tax due — a $3,000 credit on a $2,500 tax bill, for instance—you can't use the credit to get money back from the IRS. Instead, you can carry the credit over to the following tax year.
    • Note - this does not mean that you will not get a refund; it just means that the credit cannot create the refund.  If you have other withholdings or refundable credits, you may still get a refund.  But the solar energy credit cannot reduce your tax liability below 0.
  • The credit continues to carry forward until it is fully used up (no time limit)
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