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Get your taxes done using TurboTax
Hi @AmyC ,
I am writing you back 6 months later because the IRS sent me a tax bill for 1495 along with a few penalties because I missed the first letter they sent me. The $1495 equals the amount of my first year tax credit for the solar upgrade I performed in 2023. In both of the letters, I do not see the reason why I owed this money, I just had to determine it by looking through my return. Normally, don't they send a letter stating why you owe money when you have paid the full amount in taxes owed stated on the 1040 form?
At this point, I don't know why they decided I can't receive this credit. In 2015, I put in my original solar system, but it did not have a battery. I took the full tax credit in 2016. In 2023, I added 3 more solar panels and performed a battery upgrade (added a battery system). I found out that my tax credit was going to be spread over 5 years which we talked about 6 months ago. I wasn't happy, but at the same time, I understood.
Turbo Tax stated that the return was correct, so where do we go from here? How do I engage the IRS concerning this? They did not leave a contact number to discuss. It looks like I am in some form of collections because it says payment is required immediately. Can Intuit / Turbo Tax help rectify this situation, because it did guarantee that my return was correct?
Thanks,
Larry