48 one may reasonably assume that the irs would take a position consistent with letter ruling 201523014 and only permit the incremental costs as defined in regs.
Qualified solar electric property costs roof.
The new roof was needed for the solar installation.
Costs for solar panels or related property that are installed as a roof or portion of a roof will not fail to qualify for the credit because they constitute a structural component of the roof form 5695 instructions.
No costs relating to a solar panel or other property installed as a roof or portion thereof will fail to qualify solely because the property constitutes a structural component of the structure on which it is installed.
Qualified solar electric property costs qualified solar electric property costs are costs for property that uses solar energy to generate electricity for use in the taxpayer s home located in the united states.
For commercial solar energy under sec.
If you made energy saving improvements to more than one home that you used as a residence during 2017 enter the total of those costs on the applicable line s of form 5695.
This includes costs relating to a solar panel or other property installed as a roof or a portion of a roof.
You may be able to take a credit of 30 of your costs of qualified solar electric property and solar water heating property.
Yes you can include the costs of the roof.
Qualified solar property for residential energy credit purposes includes property that uses solar energy to produce electricity for the home.
Qualified solar electric property costs are costs for property that uses solar energy to generate electricity for use in your home located in the united states.