Hello,
I am planning to get my electrical panel upgraded from 100 amps to 200 amps. Its costing me $4000. I have two questions-
1. If I only get the panel upgraded in accordance with the safety codes etc, does that make me eligible for any type of tax credit without getting any other work done like solar etc.?
[IF YES] Where can I enter it in the turbotax platform and how much federal and state (CA) tax credit do I get?
[IF NO] Then I suppose I will have to pair it with any other improvements like solar or EV charging. In that case, can I get the panel upgraded now and solar done later this year or next year?
Do they also have to be with the same contractor in one invoice or can I have two separate invoices?
