Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Can non-business energy property credits be carried forward if not usable in the current year?

DavidDiehl905
Level 1
My client did not have sufficient income this year to generate a tax liability.  Consequently, the non-refundable non-business energy property credit they earned is not usable this year.  I have not been able to find authoritative guidance on whether it may be carried forward.
Labels (1)
0 Cheers
1 Solution

Accepted Solutions
PKCPAMST
Level 3

A taxpayer may not carry forward the Sec 25C nonbusiness energy property credit.

View solution in original post

1 Reply 1
PKCPAMST
Level 3

A taxpayer may not carry forward the Sec 25C nonbusiness energy property credit.

View solution in original post