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Transfer Solar Tax Credit to Loan Servicer
My husband and I took out a loan this year to buy solar. We were told that we could essentially transfer/sell our solar tax credit to the loan servicer to pay down a large portion of our loan. It sounds like this is part of the Inflation Reduction Act and IRS Proposed Rule REG-101610-23. Any idea how to do this when filing for taxes this year? Can I do this through TurboTax or do I need to consult with a CPA in person?
‎November 22, 2023
6:11 AM