proxybox
Level 1
04-19-2022
04:40 PM
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On form 5695, if one claims the credit on an initial install and then in a subsequent year decides to add more panels to increase energy production because a homeowners needs changed, can the credit be claimed on the addition?
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dkh
Level 15
04-19-2022
05:28 PM
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Yes, there is no limit for the solar energy credit.
itonewbie
Level 15
04-19-2022
05:37 PM
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Yes, provided all the other conditions are met.
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proxybox
Level 1
04-19-2022
05:45 PM
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Conditions? Do you mean credit limitations worksheet?
itonewbie
Level 15
04-19-2022
05:59 PM
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Other conditions would include whether it's an original installation (in other words, new) and depending on the type of property it is, there may be more nuanced requirements (e.g. fuel cells and solar water heating properties).
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