Jonathan, Close to half of the systems that we installed that I previously spoke of using the Federal Tax Credit used batteries. I believe if they are installed as part of the initially installed system that they qualify as just that and receive the full 30%.
Daryl > Can any say for sure if the cost of batteries qualifies for the fed tax > credit? No one seems to have a clue. > > Jonathan Hill, senior system design engineer > Sierra Solar Systems > 563C Idaho Maryland Road > Grass Valley, CA 95945 > Celebrating our 31st year in solar! > tech info and foreign orders: (530) 273-6754 > order line: (888) ON-SOLAR (US only) FAX: (530) 273-1760 > e-mail: <mailto:[email protected]> > world wide web: <http://www.sierrasolar.com> > > Check out our 2 minute video at: > http://www.youtube.com/watch?v=WY-0UuabPEk > Because of the high volume of e-mail to which I respond, please > leave _all_ of the previous messages (unless it's unbearable) in > your reply so I can better remember your original message. > > > > > On Nov 10, 2011, at 9:58 PM, [email protected] wrote: > >> Wrenches, >> >> I got the following information from a customer who ran the federal tax >> credit by her accountant. As a double check... is this correct? >> >> Thanks, >> >> Todd >> >> >> My accountant wrote: >> >> The taxpayer claiming the credit must be the owner of the home. The >> value of these credits adjust basis for sale of home calculations. The >> residency test for this credit is the same as what is used in >> determining ownership and exclusion of gain on the sale of a primary >> residence. >> The credit cannot be claimed on a commercial property, rental property >> or by a tenant, and the taxpayer claiming the credit must be the owner >> of the home which is being used as their primary residence. >> >> >> >> Sent from Finest Planet WebMail. >> _______________________________________________ >> 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 >> > > _______________________________________________ > 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 > > _______________________________________________ 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
