Did you have solar installed on your home last year? If so, you are eligible to take the Solar Energy Tax Credit, officially named, the Residential Energy Efficient Property Credit.

In December 2020, Congress passed an extension of the ITC, which provides a 26% tax credit for systems installed in 2020-2022, and 22% for systems installed in 2023. (Systems installed before December 31, 2019 were eligible for a 30% tax credit.) The tax credit expires starting in 2024 unless Congress renews it.

In this video, I show you how I added this credit to my 2020 taxes using H&R Block Online and the completed Form 1040 Attachment 5695.

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As of November 2022, Place an order for Tesla products through Shawn's referral link: https://www.tesla.com/referral/shawn68886 and earn credits upon delivery of your car or activation of your solar system. Redeem your credits for awards in the Tesla Referral Shop!

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