- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
You can only claim the solar credit when the installation is completed. So if the installation is completed during 2023 the credit has to claimed on your 2023 tax return. The cost of the installation including the labor cost is reported on IRS form 5695. You report the total cost to install regardless if you are paying monthly on a loan for the solar system.
‎December 24, 2022
4:24 PM