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Deductions & credits
Thanks for the quick response DoninGA. I'm paying for the system out of pocket without taking a loan, and the payment is split as 75% in 2022 and 25% in 2023. Even though I'm making 75% of the payment in 2022, I can claim 100% of the installation cost for federal tax credit in 2023. Is my understanding right?
Thank you
‎December 25, 2022
4:09 AM