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Get your taxes done using TurboTax
Hello benwhiting,
Thank you for participating in the Ask the Experts Event. As to your question, yes, you can still receive the solar tax credit if you take the standard deduction. Deductions reduce your taxable income, credits reduce the tax you pay, so they are different.
Having said that, you will only receive a credit up to the amount of your tax liability (which is the total tax due before any withholding or other payments and credits are applied). If you don't use the full credit in the year you first claim it, you can carry it forward until used up.
I hope that helps.
‎November 16, 2022
10:00 AM