[RE-wrenches] ITC

Dave dave at independentpowerllc.com
Fri Mar 27 08:25:28 PDT 2015


Sounds like BS. Earned income is earned income. I am self employed and have taken the 30% ITC on solar for my own home.

 

David Palumbo 

Independent Power LLC

462 Solar Way Drive

Hyde Park, VT 05655

802-888-7194

 

 

 

From: RE-wrenches [mailto:re-wrenches-bounces at lists.re-wrenches.org] On Behalf Of Kristopher Schmid
Sent: Friday, March 27, 2015 11:15 AM
To: RE-wrenches
Subject: [RE-wrenches] ITC

 

I have been told by a client who was told by his tax advisor that the 30% tax credit does not apply to self employment tax.  Can anyone confirm or deny this assertion?



-- 

Shine On!

Kris Schmid
Legacy Solar, LLC
864 Clam Falls Trail
Frederic, WI 54837
www.legacysolar.com <http://www.legacysolar.com/> 
715-653-4295
NABCEP Certified PV Installer
Licensed Wisconsin Master Electrician
BSEE

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