Hi Wrenches, I read the SEIA interpretation of the new Economic stabilization Act regarding the residential tax credit starting in 2009. It says that the unused tax credit can be carried forward only ONE year! My tax accountant interpreted the complete opposite - that there is unlimited carryforward years based on the tax regs. Also, in the original tax guide published by SEIA in 2006, they indicated that making an investment in multiple years may or may not be eligible each year based on the legislative intent. Now that the bill has been extended for eight years and the cap lifted, these issues are more important. Can anyone confirm or clarify these statements? Thanks, Randy Randy Sadewic [email protected] NABCEP Certified PV Installer Positive Energy, Inc. Phone 505 424-1112 Cell 505 570-0137 Fax 505 424-1113 Enjoy the Sun!
_______________________________________________ List sponsored by Home Power magazine
List Address: [email protected] Options & settings: http://lists.re-wrenches.org/options.cgi/re-wrenches-re-wrenches.org List-Archive: http://lists.re-wrenches.org/pipermail/re-wrenches-re-wrenches.org List rules & etiquette: www.re-wrenches.org/etiquette.htm Check out participant bios: www.members.re-wrenches.org

