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February 9, 2024
Question

Is it correct that On my form 39R part B it put in the total cost of my solar panels from the previous year, on line 4. That doesn't seem right.

  • February 9, 2024
  • 1 reply
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1 reply

February 15, 2024

No, that is not correct.  Line 4 is for energy efficient improvements to your home (windows, siding etc.).  Line five is for your solar panels and the deduction maxes out at $5000.  And that is only if you didn't get the deduction last year.  If you did you are not entitled to a deduction this year even if the federal return had some carryover from 2022 on it.

 

@suzannebrg 

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