Awesome, easy to follow instructions on how you can claim your 30% tax credit for installing solar power… hurry!
Form 5695 instructions: the 3 steps to claim the solar tax credit
- Determine if you are eligible for the Federal ITC – make sure you credit for ownership and that federal tax liability are in order
- Complete IRS Form 5965 to validate your qualification for renewable energy credits
- Add your renewable energy credit information to your typical form 1040