Announcement

Collapse
No announcement yet.

Exotic Energy Credits

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Exotic Energy Credits

    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.

    #2
    No, but

    Originally posted by Snaggletooth View Post
    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.

    Comment

    Working...
    X