jmurphy-ectisp-n
Returning Member

Deductions & credits

The ITC for solar installation can be applied to any tax liability - current or past  So the question is will the ITC be applied to my 2022 tax liability of $5,000 and then to my 2019 tax liability of $16, 000leaving me with no tax liability.  If I made 401K withdrawals then there were taxes withheld to cover tax liability and now ITC has paid that tax liability won't I get back what I paid in ($10,000) for the 401k withdrawals?