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New Member
posted May 31, 2019 11:30:23 PM

If I buy a home and claim solar panel tax credit can I get it the next year?Is it a one time credit?

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3 Replies
Level 9
May 31, 2019 11:30:25 PM

Yes, The Consolidated Appropriations Act, signed in December 2015, extended the expiration date for PV and solar thermal technologies, and introduced a gradual step down in the credit value for these technologies.

Solar-electric property

  • 30% for systems placed in service by 12/31/2019
  • 26% for systems placed in service after 12/31/2019 and before 01/01/2021
  • 22% for systems placed in service after 12/31/2020 and before 01/01/2022

There is no maximum credit for systems placed in service after 2008.  Systems must be placed in service on or after January 1, 2006, and on or before December 31, 2021.




New Member
May 31, 2019 11:30:26 PM

Do I use the same form from last year? How can I claim it? Since it is was claimed last year?

Level 9
May 31, 2019 11:30:28 PM

Yes it is Form 5695 but the year on the form changes (2016)