30% federal tax credit
#1
Posted 04 April 2013 - 03:55 AM
I saw this statement at the following link. Has anyone heard of this? It says "tax credit", not write-off. There has to be a catch, but if true, would definitely take the edge off the cost of a solar installation.
http://tweetys.com/f...olar-panel.aspx
#2
Posted 04 April 2013 - 03:11 PM
After a quick google, I found this."Qualifies for 30% federal tax credit which includes any installation costs, adding batteries, inverters and anything associated with the solar purchase."
I saw this statement at the following link. Has anyone heard of this? It says "tax credit", not write-off. There has to be a catch, but if true, would definitely take the edge off the cost of a solar installation.
http://tweetys.com/f...olar-panel.aspx
•Solar System for RV and boat that has been accepted by the IRS as a second home for tax purposes*.
*Consult with your tax adviser to make sure the tax credit applies to you and your situation.
#3
Posted 05 April 2013 - 12:17 AM
My home system did though.
A tax credit I believe is dollar for dollar.
Frank
2002 Tundra AC TRD 4WD Limited 2009 ATC Bobcat loaded http://sharychic.blogspot.com/
#4
Posted 05 April 2013 - 12:28 AM
I would think a camper solar system wouldn't qualify.
My home system did though.
A tax credit I believe is dollar for dollar.
Frank
If a boat can qualify why not a camper? There might be an issue concerning how much you use it but I do not know any rules concerning how many days you must use a second home. That said we did claim the 30% for the solar panels on our home and we did not do it for the camper. Can't remember our logic - but then there might not have been any.
It would not be the first time we were stupid.
#5
Posted 05 April 2013 - 03:39 AM
http://www.amsolar.c.../taxcredit.html
#6
Posted 05 April 2013 - 12:32 PM
#7
Posted 05 April 2013 - 12:45 PM
#8
Posted 09 April 2013 - 09:13 PM
I just put a system on my Eagle, and I'm planning on taking it. Using this info as documentation and justification:
http://www.amsolar.com/home/amr/page_59/taxcredit.html
I keep good records, receipts, etc. I took the tax credit (close to $200). I did the installation myself so I did not claim any installation costs. I also have our blog that documents we use our "second home", if that makes any difference.
All the usual disclaimers apply. I am not a tax expect, consultant, or attorney. I am not giving or offering advise or suggesting you claim the tax credit. I am only a lowly tax payer.
2003 Ford Ranger FX4 Level II 2013 ATC Bobcat SE "And in the end, it's not the years in your life that count. It's the life in your years."- Abraham Lincoln http://ski3pin.blogspot.com/
#9
Posted 09 April 2013 - 11:47 PM
I think that year I also claimed a "sun tube",but still not enough.
Four years ago when we had home solar installed the credit worked out great.
I hope others take advantage of the credit.
Frank
2002 Tundra AC TRD 4WD Limited 2009 ATC Bobcat loaded http://sharychic.blogspot.com/
#10
Posted 10 April 2013 - 03:49 PM
2022 F350 DRW Lariat Ultimate CC, LB, 4x4, 7.3L
2005 FWC Grandby
2023 Rockwood 2720IK Travel Trailer
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