If I have the paperwork dated for 2017 that I plan to go solar but due to scheduling had it installed in 2018, can I claim the federal tax incentive for my 2017 taxes?

I have been working with an agency to put solar panels on my roof and have signed all the loan paperwork for 2017 but due to scheduling I won't get a slot till 2018. Does that make me ineligible for the tax credit? What if I do end up getting a slot and it's installed in 2017 BUT I don't have permission to operate from the city yet?

483

Level 15

Jun 4, 2019 9:31:06 PM

The solar panels have to be installed on the home and paid for before you can claim the tax credit.

See IRS Form 5695 Residential Energy Credits instructions on page 1 - https://www.irs.gov/pub/irs-pdf/i5695.pdf

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If I have the paperwork dated for 2017 that I plan to go solar but due to scheduling had it installed in 2018, can I claim the federal tax incentive for my 2017 taxes?