This link is not from IRS, and should be verified by a tax expert, but
it says it can be carried forward for 20 years.
https://www.recsolar.com/blogs/calculate-solar-tax-credit-2021/
Chris
On 3/16/2021 10:43 AM, Howie Michaelson wrote:
The last I heard, the residential tax credit could only be rolled
forward 1 year - so spread out over 2 years. But I'm not an
accountant, so if anyone authoritative knows differently, I'd love to
but corrected.
Howie
Howie Michaelson
Sun Catcher
NABCEP Certified Solar PV Installer™
Solar Electric & Heat Pumps Systems Sales & Service
802-272-0004
On Tue, Mar 16, 2021, 10:39 AM Christopher Warfel
<[email protected]
<mailto:[email protected]>> wrote:
The credit does not need to be taken in one year. It can be spaced
out over successive years. Chris
On 3/15/2021 3:55 PM, [email protected]
<mailto:[email protected]> wrote:
Hello Wrenches,
A client would like to have an 11 kW residential system
installed. He would like to utilize the federal tax credit, but
is retired and doesn’t have sufficient income to benefit.
His son would finance most of the system if he could get the
credit. His son is grown and lives out of state. Is there a good
way to accomplish this? Should they set up a PPA?
Thanks,
Drake
Drake Chamberlin
Athens Electric LLC
Ohio Electrical Contractor’s License 44810
CO Master Electrician’s License 4526
NABCEP Certified PV Installation Professional
athens-electric.com <http://athens-electric.com>
--
Christopher Warfel
ENTECH Engineering, Inc.
PO Box 871, Block Island, RI 02807
401-466-8978
<http://entech-engineering.com>
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Christopher Warfel
ENTECH Engineering, Inc.
PO Box 871, Block Island, RI 02807
401-466-8978
<http://entech-engineering.com>
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