Re: I installed a solar panel system 3 years ago.I have two more years to pay off the loan. Can I deduct any of these these payments from my income tax?
Do you have a TurboTax Online account?
We'll help you get started or pick up where you left off.
I installed a solar panel system 3 years ago.I have two more years to pay off the loan. Can I deduct any of these these payments from my income tax?
No, you cannot deduct those payments on your tax return. You had to claim the solar tax credit expense on the tax return for the year of the installation.
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.