Deductions & credits


@DawnC wrote:

You don't take the credit until the year the solar project is placed in service, meaning when it is installed and generating electricity.    If the system was installed and operational in 2022, you claim it on this tax return.   If it is was not placed in service until 2023, you take the credit on next year's taxes.  

 

Solar Credit


Also, you claim the full price as of the date the solar panels are installed, and you only claim the credit one time, even if you are paying over several years.