Skip to main content
February 11, 2025
Question

Amend taxes for 2023

  • February 11, 2025
  • 1 reply
  • 0 views
Put solar on roof do I get credit for it

    1 reply

    February 11, 2025

    If you installed solar panels during 2023, you could amend your tax return for that year to claim the Solar Energy Tax Credit. You have to make sure you meet the requirements to be able to claim this credit. To learn more about eligibility criteria, click on the link below.

     

    What’s the Solar Energy Tax Credit?

     

    Also, the Solar Energy Tax Credit is a non-refundable credit, which basically means that the credit is limited to your tax liability. Even if you amend your taxes for 2023, if you don't have any tax liability for that year, you might not be able to see any refund in return. You should still amend your 2023 return and include this credit even if no refund is generated, since you can carry forward any leftover of the credit and use it in your 2024 return (current tax year).Currently, you can carry forward any unused credit toward future years indefinitely while the credit is in effect. 

    @enabena7623 

    Edited [02/16/2025|01:38 P.M E.T]