- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
State tax filing
1. In your certificate of eligibility paperwork. See New Mexico Solar Credit
2. Your tax liability should be reduced by the amount of credit claimed. The overage becomes a refund. Check that you entered your tax liability where it asks for amount applied to tax. See screenshot.
3. No. You must have the letter of eligibility. New Solar Market Development Tax Credit Claim Form page 1 shows you line 2 state tax liability, line 3 the amount of credit you are claiming. The amount over your tax liability becomes a refund on the next line.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 13, 2025
9:04 AM