- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Unfortunately, the solar credit is a credit against federal income tax, not self-employment tax (which ends up going to the Social Security Administration).
I doubt that the solar panel salespeople understand the difference. And no one should take tax advice from solar panel salespeople or roofers and anyone who is not a tax professional. Hopefully you will make a lot of money in 2020 so you can use the credit.
**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"
‎July 5, 2020
2:57 PM