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Get your taxes done using TurboTax
Thank you so much for your help. I was able to follow your instructions. A few points...
1. turbotax put the "tools" as 7 years, not 5 years
2. according to what I've read I'm only able to deduct 87% of the cost of the solar panels (as I need to subtract half of the percentage of the federal solar tax credit I get, which this year is 26%). However there is no way to force turbotax to only deduct 87% of the cost of the solar panels, so it is deducting all 100% (multiplied by my percentage of the house that I use for business).
Any ideas?
Thanks
March 23, 2021
10:29 AM