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April 15, 2025
Question

Solar

  • April 15, 2025
  • 1 reply
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I just purchase my solar that I had installed on my home in 2018 as a power purchase agreement. Can I claim any of it in my taxes, I paid $38k

    1 reply

    April 15, 2025

    How did you just purchase it if it was installed in 2018?

     

    In general, the product has to be NEW never used, and you must be the original owner to claim the solar credit.  The credit is available for the year that the item is installed and put into service. 

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