Solar Credits for Rentals
$99.00
As a tax practitioner, you already know that homeowners can claim a 30% tax credit for installing solar. But what about your clients installing solar on their rental properties? Is there a tax credit in their future? The answer may surprise you. The residential clean energy credit, unfortunately, only applies to energy property installed on a taxpayer’s residence. However, by exploring General Business Credits, the Investment Tax Credit, and its counterpart, the Energy Credit, we will show you the way to claim credits for solar installations on residential or commercial rentals. This seminar will cover all IRS forms that need to be filed and how the general business credit and passive activity credit limitations might effect your client’s ability to claim the credit.
Course numbers:
IRS CPE Program #UD2VU-T-00154-24-S
CA CTEC Program #1008-CE-1180
