topic If I purchased a home that has solar panels, do I qualify for a solar tax credit? in State tax filing

If I purchased a home that has solar panels, do I qualify for a solar tax credit?

kathrynawallace — Thu, 25 Mar 2021 18:25:35 GMT

Re: If I purchased a home that has solar panels, do I qualify for a solar tax credit?

MinhT1 — Thu, 25 Mar 2021 18:57:56 GMT

No. Buying a house already equipped with solar panels does not qualify you for the solar credit.

To qualify for the solar credit, you must pay for a solar system which is installed and placed in service in your residential home during the tax year.

Re: If I purchased a home that has solar panels, do I qualify for a solar tax credit?

Mike9241 — Thu, 25 Mar 2021 18:59:36 GMT

no you don't. only new construction on an existing home or improvements to existing qualify. there is no credit for solar on a newly constructed home.