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Level 2
posted Mar 26, 2023 10:18:56 AM

Can a downpayment in 2022 for solar installation work performed in 2023 be claimed as credit? I am guessing not since it was "not in service" but welcome opinions.

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2 Replies
Level 15
Mar 26, 2023 10:21:34 AM

No, not on a 2022 tax return since the solar system has not yet been placed in service.  If completed in 2023 then you can claim the credit on your 2023 tax return.

Level 2
Mar 29, 2023 9:41:31 AM

thank you for the prompt reply!