Skip to main content
Level 1
December 7, 2019
Solved

Does the cost of tesla home batteries connected to an existing home solar system qualify for the 30% itc? If so how is the data entry done in Lacerte?D

  • December 7, 2019
  • 1 reply
  • 9 views
No text available
This topic has been closed for replies.
Best answer by itonewbie

If you are referring to residential energy efficient property credit, yes, provided ALL of the power of the battery is derived from the sun per §25D(d)(2) and it is installed in a principal residence.

You'd make the input on Screen 38.2 under Residential Energy Efficient Property Credit (5695).

1 reply

itonewbie
itonewbieAnswer
Level 15
December 7, 2019

If you are referring to residential energy efficient property credit, yes, provided ALL of the power of the battery is derived from the sun per §25D(d)(2) and it is installed in a principal residence.

You'd make the input on Screen 38.2 under Residential Energy Efficient Property Credit (5695).

---------------------------------------------------------------------------------Still an AllStar
Level 3
May 5, 2021

The energy credit was to his primary home but the forms say no.  How do I change it to Yes

PhoebeRoberts
Intuit Community Champion
May 5, 2021

The no checkbox is asking about fuel cell property. No is the correct answer when no fuel cell property is involved.