Connect with us

Hi, what are you looking for?

News

I bought a used EV and want solar panels. Can I claim both credits with the IRS?

Dear Tax Guy,

I just bought a used electric vehicle, so now I’d like to install a solar array to offset the additional electricity use.

My tax liability for 2023 will be enough to get full benefit of the used EV tax credit or the (guesstimated) solar tax credit. But not enough for both. 

If I claim both for 2023, will the IRS apply…

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube

News

Introduction One of the interesting elements of preferred shares in Canada is that some of the issues (and then predominantly preferred equity issued by...