- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
First of all, see if you qualify for a Solar Energy Credit of 9K.
If you qualify for the Solar Credit, you would deduct the amount of the credit from the Asset Cost Basis, which you would depreciate 10% of over 39 years.
You could claim 10% of the interest on the solar system as a Home Office Expense each year.
You can use any TurboTax above Deluxe for your return (to prepare Schedule C), though a TurboTax Desktop product is recommended if you want to have direct access to Forms and Worksheets.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 13, 2023
4:08 PM