Solar I purchased - Date's on financials are November but panels not installed by December 31st can I still claim this tax time or must I use installation date?
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Solar I purchased - Date's on financials are November but panels not installed by December 31st can I still claim this tax time or must I use installation date?
posted
June 4, 20193:11 PM
last updated
June 04, 20193:11 PM
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Solar I purchased - Date's on financials are November but panels not installed by December 31st can I still claim this tax time or must I use installation date?
Per the IRS, for purposes of the credit, costs are treated as being
paid when the original installation of the item is completed. Therefore, the panel cost can only be deducted as of when installation is complete.
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