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antranik11
Returning Member

Process of installing solar but only way to install it is to get a new roof since my existing roof is very old. Would I be able to claim 30% credit on total cost?

 
2 Replies
Ashby
New Member

Process of installing solar but only way to install it is to get a new roof since my existing roof is very old. Would I be able to claim 30% credit on total cost?

No, the cost of the new roof is not eligible for the 30% credit. The rest of the installation and all equipment/panel costs are eligible for the 30%.

Qualified solar electric property costs. Qualified solar electric property costs are costs for property that uses solar energy to generate electricity for use in your home located in the United States. No costs relating to a solar panel or other property installed as a roof (or portion thereof) will fail to qualify solely because the property constitutes a structural component of the structure on which it is installed. The home doesn't have to be your main home. 

https://www.irs.gov/pub/irs-dft/i5695--dft.pdf
TomD8
Level 15

Process of installing solar but only way to install it is to get a new roof since my existing roof is very old. Would I be able to claim 30% credit on total cost?

"No costs relating to a solar panel or other property installed as a roof (or portion thereof) will fail to qualify solely because the property constitutes a structural component of the structure on which it is installed."

@Ashby -  Could this not be interpreted to say that, if the section of the new roof supporting the solar panels constitutes (for example) 40% of the roof, the taxpayer could include 40% of the roof's cost as part of the solar credit? 

**Answers are correct to the best of my ability but do not constitute tax or legal advice.
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