I bought all my solar hardware for my solar project in 2023 and finished my project only in January 2024 (Utility approved PTO).
I didn't claim my tax credit on my 2023 Tax Return and will be doing for 2024.
As I am going to get about $5,000 tax credit, as I also has RMD to take and trying to roll some of my IRA into my Roth.
I have to figure out how much I can safely roll from my IRA to Roth as I do not want to have my AGI exceeds the threshold that would raise my Medicare Part B premium.
It may be hard to figure out how much my 2024 AGI would be. Is it possible that I claim partial solar energy tax credit in 2024 and the remainder for 2025 to my tax advantage?
