The cost of a battery can qualify for the 30% residential solar energy credit, the Service says in a private ruling. Here, the taxpayer added the battery and related components to a previously installed residential solar energy system. In concluding that the battery is qualified solar electric property that is credit-eligible, IRS relied on the fact that the energy stored by the battery is derived from the sun.

Energy Tax Credit

by | Mar 29, 2018 | Deductions, Energy Efficient, Tax court | 0 comments