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New Member
posted Mar 7, 2021 9:36:25 PM

How can i file my Solar panel info?

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1 Replies
Expert Alumni
Mar 8, 2021 7:59:55 AM

To enter your solar panel information, see Where do I enter qualified energy-saving improvements?

 

Under the Residential Energy Efficient Property Credit, you can get a federal tax credit for installing alternative energy equipment, such as solar electric property, solar water heaters, geothermal heat pumps, small wind turbines, and fuel cell property.

 

In 2018, 2019 and 2020, an individual may claim a credit for

(1) 10 percent of the cost of qualified energy efficiency improvements and

(2) the amount of the residential energy property expenditures paid or incurred by the taxpayer during the taxable year (subject to the overall credit limit of $500).