Archive for January 2022
The U.S. Solar Investment Tax Credit
A tax credit is a dollar-for-dollar, bottom-line reduction on your income taxes. Under the U.S. Solar Investment Tax Credit (ITC) program, if you purchase and install a solar energy system in 2022, you can receive a federal income tax credit of 26%. The credit will be 22% for systems installed in 2023. Let’s say you…
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