If i claim home energy last year on my taxes can i claim it again… because i pay month for my solar

[pbatt2423]

I didn’t put the full price i paid i just put what i pay monthly…

[MarilynG1 · Accepted solution]

You can Amend your 2022 return to add the full price of what you paid for your solar panels, and remove the monthly payment amount (which is not a deductible expense).  You may get a nice tax credit in 2022, and a carryover credit to use in 2023 as well. 

You can claim the Residential Clean Energy (RCE) credit when you acquire certain qualified alternative energy equipment for use in the home.  The RCE credit replaces the Residential Energy Efficient Property (REEP) credit beginning with the 2022 tax year. The allowable credit is up to 30 percent of an unlimited amount of costs you incur to purchase and install qualified energy property including:

• solar electric
• solar water heating
• fuel cell property
• small wind energy
• geothermal heat pump property

The credit can reduce your tax owed to $0, and any unused amount rolls over as a credit for the next year.

Here's detailed info about the Home Energy Credits to help you. 

[Opus 17]

No.  You claim the full price (without interest) in the year the system is installed.  You will have to amend your 2022 tax return.  If you are paying a loan, you claim the installed price before interest.  If you are leasing the system, you claim the installed cost not counting finance charges, you may need to inspect your leaser documents to determine what that is.