[RE-wrenches] Tax credit question.

Jesse Dahl dahlsolar at gmail.com
Sat Jul 27 14:41:04 PDT 2013


So, has anyone had a customer install a ITC eligible system on a second "residence" and claim the credit?

Jesse



Sent from my iPhone

On Jul 27, 2013, at 4:36 PM, Bob-O Schultze <bob-o at electronconnection.com> wrote:

> 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
> <f5695.pdf>
> 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
> 
> 
> _______________________________________________
> 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/d80abb40/attachment-0003.html>


More information about the RE-wrenches mailing list