We ordered and took delivery of a new 2017 motorhome in 2017, and specified solar planels. Is the cost of the solar panel option on our motorhome deductible?

[thino7]

Our motorhome is our second residence, and does not have a loan.

[HelenaC · Accepted solution]

Yes, Solar System for an RV and a boat have been accepted by the IRS as a second home for tax purposes. Click on Federal Tax Credit - Wholesale Solar

Qualifying equipment includes solar-powered units that generate electricity or heat water. The credit is only available for improvements you make to your residence. This can apply to a second residence as well. Costs for solar panels or related property that are installed as a roof or portion of a roof will not fail to qualify for the credit because they constitute a structural component of the roof (Instructions for Form 5695 - IRS.gov).

For additional information, click on Federal Tax Credit for Solar Energy - TurboTax Tax Tips & Videos

To enter your energy credit, click on How do I add or remove Form 5695?

[brandicasey37]

Also, here’s the federal solar tax credit’s value over the next five years:

• 2018: 30%
• 2019: 30%
• 2020: 26%
• 2021: 22%
• 2022: 0% (10% for commercial)

Here are some examples of what you can claim:

• Solar Products
• Permitting Services and Fees
• Installation Costs
• Engineer Fees
• Electrician Fees
• Shipping Costs
• Solar Consulting Fees
• Tools Purchased or Rented
• General Equipment Costs (Fork-list, Safety Harnesses, etc.)
• Any Miscellaneous Costs and Fees (For Solar)

This guide covers it in-depth

[TomD8]

"Is the cost of the solar panel option on our motorhome deductible?"

No, the cost is not deductible.  But as others have pointed out, you re probably eligible to take a solar tax credit.  A tax deduction and a tax credit are two different things.