You can always start out doing your tax preparation yourself. If you decide later that you want direct access to tax experts, you can add TurboTax Live or if you decide that you would like a tax expert to complete and file your tax return for you, you can switch to Full-Service. You can add these at any time during your tax preparation; each link above explains these options in detail.
TurboTax will walk you through entering your tax information for both your home purchase (congrats on that!) and the credits from your qualified energy improvements (solar). Under the Residential Energy Efficient Property Credit, you can get a federal tax credit (up to 30% of the costs including labor) for installing alternative energy equipment, such as solar electric property, solar water heaters, and geothermal heat pumps. The credit is non-refundable so it is limited to your tax liability.
Depending on when you purchased the home in 2020, you may or may not receive a tax benefit on your 2020 tax return. As a homeowner, you may be able to deduct:
You have to itemize your deductions in order to take these homeowner credits. So, if you purchased the home late in 2020, you may not have enough mortgage interest to itemize this year, but if you purchased the home early in 2020, you have closer to a full year of costs to include. You can enter all of your deductions and TurboTax will choose the deduction (standard or itemized) that is best for you automatically, so you don't have to decide that on your own. @cdcount1a
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