Question
Residential Energy Credits Solar Property
Can the credit be claimed for cost financed? I have a client that paid zero cost in 2020, solar equipment was installed in November of 2020. There is a financed amount of $37,556. If I enter the amount financed in proseries a credit of 26% is calculated, and taxes withheld are refunded; it seems way to good to be true.
Any advice will be very much appreciated.
Thanks
The Tentman
