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We added solar panels on as an option to a new build and paid 20,000 extra have them installed. Can we claim them as a home energy credit?
We constructed a house for a base price and had them add on solar panels for extra 20,000. We closed on the house after the construction was complete and solar panels were installed, but we paid for the solar panels and it is in our contract as an added option we paid for. Can we claim these solar panels for the energy credit?
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We added solar panels on as an option to a new build and paid 20,000 extra have them installed. Can we claim them as a home energy credit?
Yes, if you had solar panels installed on your home you can you this for the Home Energy Credit.
"Qualified solar electric property costs are costs for property that uses solar energy to generate electricity for use in your home located in the United States. No costs relating to a solar panel or other property installed as a roof (or portion thereof) will fail to qualify solely because the property constitutes a structural component of the structure on which it is installed. The home doesn't have to be your main home." https://www.irs.gov/instructions/i5695#idm139799611350096
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We added solar panels on as an option to a new build and paid 20,000 extra have them installed. Can we claim them as a home energy credit?
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We added solar panels on as an option to a new build and paid 20,000 extra have them installed. Can we claim them as a home energy credit?
If you hit continue after it tells you that, you will see that solar credits are allowed still.
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