I have zero tax liability this year, but $1848 in taxes due to various jobs that paid direct without withholding tax. So I have a self-employment tax burden. My Form 5695 results in a $9K balance on line 16 for the big solar array and support equipment we installed toward the end of 2019.
All of it is carried forward to 2020 as it is applied to my taxable income, not my actual tax burden. I did think it was a bottom line deduction (unless it was penalties). I feel a bit naive that I figured we would be tax free this year (2019).
