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bhill_24
Returning Member

Solar Panels

I put solar panels on my home in 2021. They roughly cost $23,000 but I am financing them like a mortgage. Blue Raven, the solar company said I can claim this and my federal tax credit would be $5,998. Even though I am financing them can I still claim this? 

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‎March 30, 2022 9:48 AM
last updated ‎March 08, 2026 11:39 PM
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Vanessa A
Expert Alumni
Expert Alumni

Solar Panels

Yes, when you took on the loan, it is considered the same as paying cash for it.  You have the liability to pay for the solar panels, so you can still take the credit. 

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‎March 30, 2022 9:59 AM
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bhill_24
Returning Member

Solar Panels

Great. Thank you

‎March 30, 2022 10:38 AM
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