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January 28, 2024
Question

Solar Loan Interest Deduction

  • January 28, 2024
  • 1 reply
  • 0 views

I purchased and financed solar panels last year from a solar company. I do not understand how to enter the loan and interest paid information in turbotax deluxe windows desktop version?

    1 reply

    DoninGA
    Employee
    January 28, 2024

    For the Solar Panels that were installed you only enter the total cost for the panels and installation in the Home Energy Credits section of the program.  The loan and interest payments are not reported on a tax return.