@ysandee wrote:
Hi,
For Solar Panels installation at my home, I paid some advance money in Dec 2021 and rest of the bulk money paid in April 2022 after System Installation is complete. When filing for 2021 taxes, can I claim that advance money amount, which was paid towards Solar electric costs in 2021?
Only after the installation is completed can you apply for the tax credit. Since it was not completed until 2022 you cannot claim the credit on the 2021 tax return.
