Question
2025 1120S: Solar Credit
For a 2025 1120S solar credit for a project started in 2025 and completed in 2025, on which line on Form 3468 are you entering the project cost? This a commercial project under 1 MegaWatt and did not meet prevailing wage requirements. I think the cost should be entered on 3468, Part V, Line 1a and entering 30% on Part V, 1b. (as opposed to 3468, Part VI, Line 3a where we entered it in prior years).
However, I'm noticing that when I then enter the cost on the personal return Form 3468, Part V, Line 1a, the credit flows to a different part of Form 3800, Part III. This causes the allowable credit to be limited and not allowed in full. Just checking if anyone else is experiencing the same thing?
