The Federal Solar Tax Credit is a non-refundable credit, which means the government will not issue a physical refund check for any credit amount that exceeds what you actually owe in federal income taxes for that specific year. However, this does not mean you will lose the remaining balance of your hard-earned financial incentive.
The IRS allows you to roll over any unused portion of your solar tax credit into the following tax years, provided the solar incentive program remains active. Because tracking multi-year carryover credits can be complicated, Daniel Ahart Tax Service makes filing your tax returns easy, ensuring your remaining solar credits are accurately carried forward to maximize your long-term tax savings.