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March 28, 2023
Question

solar tax credit

  • March 28, 2023
  • 1 reply
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The title of my house has 3 individual owners.  shared owners.

can we share the tax credits?

    1 reply

    March 28, 2023

    To qualify for the solar credit, the energy saving improvements must be made to your residence. So only the owners who reside in the house can qualify for the credit, and for each owner/occupier, the solar credit is based on the amount they actually paid for the project.

     

    Please read this TurboTax article for more information.

     

     

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