How do I get ProConnect to generate a 30% solar tax credit for construction commencing prior to 2020 but not put into service until 2020?

[userjill]

Currently, the 5695 is only generating a 26% credit, although I did indicate that this was construction that commenced prior to 2020.

[George4Tacks]

The credit is based upon the date placed in service, i.e. when the power company says it is okay to connect to the grid. It is NOT when it started. 

[userjill]

@George4Tacks 

Please see this guidance put out by the U.S. Department of Energy. It states that if construction began prior to 2020 and it was put in service prior to 2024, the credit is 30%.

https://www.energy.gov/sites/prod/files/2020/01/f70/Guide%20to%20the%20Federal%20Investment%20Tax%20...

My entity falls within these guidelines.

[IRonMaN]

You say "entity".  If so, you might want to use the correct form.  Form 5695 is for residential credits.

[userjill]

@IRonMaN 

So what is the correct form?

[IRonMaN]

Try 3468

[userjill]

Form 3468... thank you for your help!

[IRonMaN]

You betcha!

[rebecca.hamstra]

my client falls within these guidelines but ProConnect won't let me enter the information except as an override.  What am I missing?

[rebecca.hamstra]

Now it went in so please disregard my previous message.

Thanks

[George4Tacks]

@rebecca.hamstra  

I do ignore exceptionally well. Thank you for allowing me to use my special skill.