Re: If I purchased a home that has solar panels, do I qualify for a solar tax credit?

If I purchased a home that has solar panels, do I qualify for a solar tax credit?

posted

No. Buying a house already equipped with solar panels does not qualify you for the solar credit.

To qualify for the solar credit, you must pay for a solar system which is installed and placed in service in your residential home during the tax year.

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no you don't. only new construction on an existing home or improvements to existing qualify. there is no credit for solar on a newly constructed home.