topic Bought a solar system that was installed in May 2019. I need to sell my house before the end of 2019 due to a move. Do I get the solar tax credit or does the buyer? in Deductions & credits

Bought a solar system that was installed in May 2019. I need to sell my house before the end of 2019 due to a move. Do I get the solar tax credit or does the buyer?

akinsj — Thu, 01 Aug 2019 17:15:15 GMT

DoninGA — Thu, 01 Aug 2019 17:44:51 GMT

If you paid for the system and had the system installed on your home, then you are the owner and would enter the credit on your tax return.

Go to this IRS website for the Form 5695, Residential Energy Credits - https://www.irs.gov/forms-pubs/about-form-5695

Critter — Fri, 02 Aug 2019 23:07:18 GMT

Only YOU get the credit since YOU were the first owner EVEN if the new owner will take over any payments on the solar panels when you sell.