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solar panels in primary residence with office in home
Installed in 2019. I am aware of the percent usage rule.
Please clarify. These are items I have read about solar panels
(1) basis of solar panel for depreciation (cost minus 50% of the 30% solar tax credit)?
(2) Depreciable Life of the panels: 5 years, or 39 (same as residence)?
(3) How to enter in turbo tax (Add as a depreciable asset in OIH)?
Thank you.
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March 7, 2020
5:52 PM