topic Re: solar panel credit in Get your taxes done using TurboTax

solar panel credit

guddu_08 — Tue, 24 Feb 2026 07:37:58 GMT

I got the solar panel installed in 2023 and I was told by solar company there is some tax credit you will be getting next year. Do i need any document from the solar company to claim the tax credit ?

Re: solar panel credit

John-H2021 — Wed, 25 Oct 2023 16:58:57 GMT

Hello Guddu

From what I'm reading you are eligible for the credit. You will need the contract and sales agreement in case the IRS questions the amounts.

Here is a good link explaining the credit

https://turbotax.intuit.com/tax-tips/going-green/federal-tax-credit-for-solar-energy/L7s9ZiB4D

Re: solar panel credit

John-H2021 — Wed, 25 Oct 2023 19:40:11 GMT

Hello,

Here is the link that explains the credit and the qualifications

https://turbotax.intuit.com/tax-tips/home-ownership/energy-tax-credit-which-home-improvements-qualify/L5rZH56ex

The credit is non refundable but can reduce your tax liability to $0 and the excess will carryover to next year