jimweinstein
Level 1
12-07-2019
02:01 AM
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This appears to be incorrect and would cause a partner to take the solar credit a second time incorrectly.
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sjrcpa
Level 15
12-07-2019
02:01 AM
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Code AH is for 199A computations and has nothing to with the solar credit.
The more I know the more I don’t know.
jimweinstein
Level 1
12-07-2019
02:01 AM
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Footnote reads exactly the same as when we purchased the asset just with a Code AH instead of Z. Definitely could be misinterpreted as a new asset available for the solar credit because Sec. 199 is not referenced in the footnote at all.