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Solar Tax Credit For Multiple Borrowers
Hello all!
I understand that the solar credit can be split between two people if the home has multiple borrowers (i.e., mom and son-in-law).
However, I can't find whether one party can claim both portions of the credits (if the other party is okay with this) when they file their taxes, or are if they are only restricted to their half of the full credit.
The IRS publication doesn't go into multiple homeowners scenarios.
Thank you!
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‎August 16, 2022
2:44 PM