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

Solar Panel Credit

Hi All, 

I've client who claimed the Solar panel credit last year 2019 using form 5695, and this year 2020 he added more Solar panels, so do we start another 5695 form Residential Energy Credits for him, and if he is allowed to claim this credit again?.

Your help is appreciated.

Mustapha

 

Labels (1)
0 Cheers
1 Solution

Accepted Solutions
Level 8

There is a limit on the credits. When you open the 5695 it will have prior year amount and remaining credit available.

View solution in original post

0 Cheers
3 Replies 3
Level 8

There is a limit on the credits. When you open the 5695 it will have prior year amount and remaining credit available.

View solution in original post

0 Cheers

Thank you very Much Lady.

0 Cheers
Level 13

There is no limit for the solar credit; the limit is only for some of the 'other' residential energy improvements.

So yes, you can claim it again.