Solar Tax Credit

[BigEasy]

Has anyone attempted to obtain the 30% Federal tax credit (IRS form 5695) for solar charging systems. My understanding is the tax credit can apply to primary residences, second homes including boats with live a board amenities as well as RVs. The credit applies to solar panels, mounting frames, charge controllers, installation supplies, batteries, & installation labor. The provision has now been modified to stop at 2025 years end.

 

[dlochner]

Yes. I used it several years ago when I went to solar. Included the panels, mounting frames, controllers and some other odds and ends. Helped to offset the tariffs that were imposed on imported solar panels. I also wasn't audited.

Hurry the credit goes away at the end of this year.

 

[Don S/V ILLusion]

anecdotal story - we know someone who was audited on a last year’s tax credit issue. The IRS didn’t consider his boat use description acceptable as a “residence” which apparently is a prerequisite. I infer from his story that “Live aboard amenities” aren’t synonymous with “live aboard” residency requirements. I’m not a tax lawyer so FWIW….