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jack5
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Can you use your solar tax credit for federal self emploment tax?

 
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AnnaB
New Member

Can you use your solar tax credit for federal self emploment tax?

No, the Residential Energy Credits are calculated before the self-employment tax and therefore, if your entire originally tax liability has been offset, any excess credit cannot be applied against the self-employment tax.

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AnnaB
New Member

Can you use your solar tax credit for federal self emploment tax?

No, the Residential Energy Credits are calculated before the self-employment tax and therefore, if your entire originally tax liability has been offset, any excess credit cannot be applied against the self-employment tax.

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