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January 30, 2023
Question

I purchased a solar system in 2022, but my refund is saying the credit won't apply to this years return, instead it will carry over to next year. Why is that?

  • January 30, 2023
  • 1 reply
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1 reply

January 30, 2023

The credit is a nonrefundable  tax credits. You can only use it to decrease or eliminate your tax liability. You will not receive a tax refund for any amount that exceeds your tax liability for the year.

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