Residential Solar and Fuel Cell Tax Credit (Federal)

Posted by Chris Brown on June 28, 2007, 03:36:22 PM

Residential Solar and Fuel Cell Tax Credit (Federal)
Based on what I understand there is a $2000 federal tax credit that can be applied when filing your federal income taxes for solar electric and hot waters systems that are placed in use within the given year. This credit was that it was due to expire at the end of 2007, but was renewed for another year. It’s now set to expirer again at the end of 2008. Have you personally be able to use this tax credit? Have you run into any problems trying to claim this tax credit? What can we do to extent the tax credit indefinitely?
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