Federal Tax Credits in 2008 [RE-wrenches]

Mark Frye markf at berkeleysolar.com
Tue Nov 20 10:42:24 PST 2007


Thanks,

Let's assume for now that no new legislation comes out of the Congress 
this year.  That would leave the December 2006 extension as the 
controlling law.

The extension was for residential and commercial to the end of 2008.

Nothing I have found on the extension (limited search) indicates that 
the $2,000 cap on the 30% residential credit was also extended thru 
2008.

My first guess is that the cap applies through 2008, but........

MPF  


I2P at aol.com wrote:
> 
> 
>  
> In a message dated 11/19/2007 5:37:43 P.M. Pacific Standard Time,  
> markf at berkeleysolar.com writes:
> 
> Talking  only about the December 2006 "extension of the 30% credit 
> through  2008"....are the residential credits still capped at $2,000 
> during the  extension period? 
> 
> 
> 
> 
> 
> CAL SEIA and the rest of the solar industry supported an extension 
> without  a 
> cap for residential -- the same as commercial. However, as you know,  
> everything is up in the air.
> 
> 
> 
> ************************************** See what's new at 
> http://www.aol.com
> 
> [Non-text portions of this message have been removed]
> 



Berkeley Solar Electric Systems


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