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Level 1
Nov 16, 2022 7:53 PM UTC
Question

Solar panels

I recently got solar panels that I pay for monthly.  Can I get a deduction or credit?

    1 reply

    Level 5
    Nov 16, 2022 7:59 PM UTC

    The rules are complex, (please see link),  but yes if you owe tax, then you will be eligible  for a tax credit to the extent of tax owed. Any unused credit can be carried over to the next year. 

     

    Solar Credit

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