What Tax Form Do I Use for Solar Credit?
Sec. 48(a)(2)(A) provides a 30% credit for solar energy equipment in commercial property if construction begins before Jan. 1, 2022. This credit raises the question as to how much of the equipment and materials are properly includible for purposes of calculating the credit.
Is the energy efficient property credit available for new homes?
Only the residential energy efficient property credit (Part I) is available for both existing homes and homes being constructed. The nonbusiness energy property credit (Part II) is only available for existing homes. . .
