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December 2, 2023
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What year should I claim solar tax credit? Year of installation or year the permit is final?

  • December 2, 2023
  • 1 reply
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My solar and energy storage was installed and put into service back in April 2023, the due to various delays from inspection coordination, the permit to install solar won’t be finalized (passed) until 2024.   For the purpose of claiming the 30% solar tax credit, should this solar tax credit be claimed for the tax year 2023 or tax year 2024?  

 

Thanks for the help, in advance.

    Best answer by DoninGA

    If the solar system was installed and operational in 2023 the tax credit would be entered on your 2023 tax return.

    1 reply

    DoninGA
    DoninGAAnswer
    Employee
    December 2, 2023

    If the solar system was installed and operational in 2023 the tax credit would be entered on your 2023 tax return.