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if i financed my solar power system, do I include the amount financed or the amount I paid in 2025?

Do I include the amount financed for my solar panels or the amount I paid each year?
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2 Replies

if i financed my solar power system, do I include the amount financed or the amount I paid in 2025?

You enter the amount of loan for the solar power system that was installed.

LaShaunA3
Employee Tax Expert

if i financed my solar power system, do I include the amount financed or the amount I paid in 2025?

Yes, you can claim the full cost of the solar energy system, not just what you paid in 2025.

 

You may include the cost of the solar panels and any qualified expenses. "Qualified expenses may include labor costs for on-site preparation, assembly or original installation of the property and for piping or wiring to connect it to the home."

 

Residential Clean Energy Credit


 

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