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Mustapha Ratib
Level 4
Feb 17, 2021 9:09 PM UTC
Solved

Solar Panel Credit

Hi All, 

I've client who claimed the Solar panel credit last year 2019 using form 5695, and this year 2020 he added more Solar panels, so do we start another 5695 form Residential Energy Credits for him, and if he is allowed to claim this credit again?.

Your help is appreciated.

Mustapha

 

This topic has been closed for replies.
The-Tax-LadyAnswer
Level 8
Feb 17, 2021 9:14 PM UTC

There is a limit on the credits. When you open the 5695 it will have prior year amount and remaining credit available.

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3 replies

The-Tax-LadyAnswer
Level 8
Feb 17, 2021 9:14 PM UTC

There is a limit on the credits. When you open the 5695 it will have prior year amount and remaining credit available.

Mustapha RatibAuthor
Level 4
Feb 17, 2021 9:23 PM UTC

Thank you very Much Lady.

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