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posted Apr 14, 2024 8:27:34 PM

Can I deduct my payments for solar panels I did not install but were on my home when I purchased it?

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1 Replies
Level 15
Apr 14, 2024 8:30:59 PM

If you did not install the solar panels yourself and they were included in the purchase of your home, you may not be eligible for the credit or a deduction for those payments. The tax credit is usually available to the person who installs the solar panel system and directly pays for the cost of installation