Exotic Energy Credits

[Snaggletooth]

There is an S corp who built a solar array system believed to be eligible for a 30% investment credit. We can't find how to file the 1120S or owner's 1040 to take advantage of the credit. We don't know if there is a pass-through, or if not, how does it work... Can anyone help with this?

Thank goodness this one isn't mine - a tax-buddy friend in a nearby town.

[Black Bart]

No, but

There is an S corp who built a solar array system believed to be eligible for a 30% investment credit. We can't find how to file the 1120S or owner's 1040 to take advantage of the credit. We don't know if there is a pass-through, or if not, how does it work... Can anyone help with this?

Thank goodness this one isn't mine - a tax-buddy friend in a nearby town.

maybe check with Solyndra -- no question but what they know how to get credit for stuff.