turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

gonzl605
New Member

Residential Solar Tax Credit Recapture

I am taking the 2024 Solar Tax credit for my multi-unit. The solar panels are only being used for the apartment I occupy. I'm planning on selling my home in summer 2025.
I've found data on the recapture rule for commercial use but have not found any data on the recapture rule for anything residential. 

Question is, if I sell my home, will I have to pay back the tax credit if I used it for residential purposes? 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
Vanessa A
Employee Tax Expert

Residential Solar Tax Credit Recapture

If you are ONLY using the panels for YOUR home, and are claiming the credit ONLY for your personal residence, then no, the solar credit for residential energy property does not have a recapture component mentioned in the instructions for form 5695 nor is it a question on the form or if you sell your home. 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question