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Get your taxes done using TurboTax
Thank you so much @RobertB4444 This definitely adds a lot of clarity.
@RobertB4444 wrote:The credit for the electric panel maxes out at $600 or 30%. So, in your case, $600.
You can pair it with any number of other energy improvements including EV charging and solar. They definitely don't need to be on the same receipt.
On your response above, I understand I get only $600 rebate for just panel upgrade.
However, if I do panel upgrade now, and get solar installed later this year, does that mean I still get $600 off on panel or will I now be eligible for 30% tax credit on ($4000 for panel upgrade and rest for solar)?
‎February 7, 2024
12:42 PM