I'm getting solar installed on my roof 12/2023. Roofing/panels will go up in Dec, but the city & utility company need to inspect in Jan. When can I claim the fed credit.
Announcements
Do you have a TurboTax Online account?
We'll help you get started or pick up where you left off.
I'm getting solar installed on my roof 12/2023. Roofing/panels will go up in Dec, but the city & utility company need to inspect in Jan. When can I claim the fed credit.
City permits were award 11/2023 and loan funds were dispersed in Dec for me to give to the solar company.
I'm getting solar installed on my roof 12/2023. Roofing/panels will go up in Dec, but the city & utility company need to inspect in Jan. When can I claim the fed credit.
The Solar credit is taken in the year the solar system is "placed in service" which cannot be done until it passes the inspection.