I own the house and am in Arizona. When I was completing the solar portion of my taxes when I entered the solar cost in the solar area my return only increased approximately $8000. My current total federal return is a little over $12K. With my itemization and deductions, I think it should be higher. Could someone look at my file online?
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The credit can only offset any taxes due, not give you an additional refund.
However, you can carry over any unused portion for up to 5 years.
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