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Level 1
posted Mar 13, 2024 1:36:35 PM

Solar tax credit

Can I spread my solar tax credit over two years or do I have to use it up in the first year?

I have a large tax liability due to a stock sale but I don't want to use all the tax credit this year.

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1 Replies
Expert Alumni
Mar 13, 2024 1:45:46 PM

No, The solar tax credit must be claimed for the year in which the eligible property was installed.

Residential Clean Energy Credit