[RE-wrenches] Tax credit question.

[Bob-O Schultze]

Here is IRS Form 5695. You can hand them a copy and they can make the determination themselves. As Allan says, we ain't tax advisors. I see on the dsireusa.org website that it says that the PV system does not have to be on your primary home, but my reading of this form would seem to indicate otherwise. It defines a home as:
Home. A home is where you lived in 2012 and can include a house, houseboat, mobile home, cooperative apartment, condominium, and a manufactured home that conforms to Federal Manufactured Home Construction and Safety Standards.
It also defines a "Main" home:
Main home. Your main home is generally the home where you live most of the time. A temporary absence due to special circumstances, such as illness, education, business, military service, or vacation, will not change your main home.
Now, perhaps an expert bean-counter can work his/her magic on that, but methinks we'd be dumb asses to try it.
Bob-O

On Jul 27, 2013, at 12:45 PM, frenergy wrote:

Alan,
 
        I have always defaulted to that advice also. Just last week, after I had told a customer a 30% ITC is still available and told him to confirm that with his tax advisor to be sure he could take full advantage of it (some folks have to take the 30% over a couple years), he came back to me and told me his tax person said it was no longer available!  I was so glad he told me this so I could straighten it out (and get the job of course). 
 
        This issue did get rectified but it has made me think of providing a copy of the pertinent page(s) from the IRS related to the ITC to future potential customers, and give them the advice of speaking to their tax person.
 
Bill
Feather River Solar Electric
----- Original Message -----
From: Allan Sindelar
To: RE-wrenches
Sent: Saturday, July 27, 2013 12:20 PM
Subject: Re: [RE-wrenches] Tax credit question.

"Consult your tax advisor"...
Jesse, any advice you give your customer other than the words above could get you into trouble. We're solar installers, not tax advisors. I always pass the buck on this kind of question.
Allan

Allan Sindelar
Allan at positiveenergysolar.com
NABCEP Certified PV Installation Professional 
NABCEP Certified Technical Sales Professional
New Mexico EE98J Journeyman Electrician
Founder and Chief Technology Officer
Positive Energy, Inc., a Certified B CorporationTM
3209 Richards Lane
Santa Fe, New Mexico 87507
505 424-1112 office 780-2738 cell
www.positiveenergysolar.com
 
_______________________________________________
List sponsored by Home Power magazine

List Address: RE-wrenches at lists.re-wrenches.org

Change email address & settings:
http://lists.re-wrenches.org/options.cgi/re-wrenches-re-wrenches.org

List-Archive: http://lists.re-wrenches.org/pipermail/re-wrenches-re-wrenches.org

List rules & etiquette:
www.re-wrenches.org/etiquette.htm

Check out participant bios:
www.members.re-wrenches.org


-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.re-wrenches.org/pipermail/re-wrenches-re-wrenches.org/attachments/20130727/852cbfe5/attachment-0006.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: f5695.pdf
Type: application/pdf
Size: 211079 bytes
Desc: not available
URL: <http://lists.re-wrenches.org/pipermail/re-wrenches-re-wrenches.org/attachments/20130727/852cbfe5/attachment-0006.pdf>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.re-wrenches.org/pipermail/re-wrenches-re-wrenches.org/attachments/20130727/852cbfe5/attachment-0007.html>