How the Solar Tax Credit Works - 2021 Federal Solar Tax Credit Explained
Kyle talks about the Federal Solar Tax Credit and how it works for homeowners in 2021.
Click Here to Take a 30 Seconds Quiz and See If You Qualify to Save Some Money with Solar: https://jo.my/nocostsolarquiz
00:25 What is a Tax Credit
00:39 Tax Credit vs. Tax Deduction
01:00 Solar Tax Credit = IRS Gift Card
1:15 Solar Tax Credit is Not A Tax Rebate
1:28 Other Rebates from Other Sources
1:52 Who the Tax Credit Applies To
2:08 How Much is the Tax Credit and How It's Calculated
3:09 Does the Tax Credit Work If You Lease Solar?
03:28 What If You don't Have enough Taxable Income?
04:29 What Parts of the Purchase Are Used to Calculate
05:06 Other Benefits in addition to the Federal Solar Tax Credit.
Have any questions about solar? Let me know in the comments down below.
#solarrebate #solartaxcredit #nocostsolar #solartaxrebate
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