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Solar Tax Credit - Errors in TurboTax 2020
Hi, TurboTax is wrong for 2020 Residential Energy Efficient Property Credit. The software states that the credit is 30% of a homeowner's cost, but it should be 26% in 2020. Also, TurboTax tells me that this is a nonrefundable credit (i.e. no refund if greater than my tax liability), but it is actively calculating a HUGE federal refund, which is not right (I am a licensed CPA). Can TurboTax address these errors?
‎February 8, 2021
1:23 PM