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05-14-2017, 04:56 PM #1
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Solar tax credit for RV's - interesting information
Hi everyone,
I was checking the internet for potential tax deductions for solar. I didn't realize the tax credit may extend to RV's. Some good information worth checking out for a potential up to 30% tax credit. Has anyone filed for this deduction? I have to ask my tax guy. Here's one link from AM Solar.
http://amsolar.com/tax/
Best,
Mary
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05-14-2017, 10:35 PM #2
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Great minds think alike Mary, we asked the same question within an hour of each other.
Going to check with my tax guy tomorrow to make sure.
Thx,
JohnJohn, Susan & Luke
2015 Reflection 303 RLS #867
Bakersfield, CA
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05-16-2017, 12:27 PM #3
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My tax accountant told me "Solar credits are available for your principal residence and your second home. The second home includes RV’s. Therefore you would be able to utilize the credits.
John, Susan & Luke
2015 Reflection 303 RLS #867
Bakersfield, CA
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05-16-2017, 03:09 PM #4
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That will be a nice savings for lots of RV folks! Every little bit helps.
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08-16-2022, 02:16 PM #5
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I know this is an old thread, but I'm hunting for similar info. I've read that the Residential Energy Credit applies to new home construction, and that some homeowners hav trouble getting an estimate of equipment and labor costs from their builder. They've had to price out the system themselves in order to complete the REC form.
I'm wondering if the same logic could be applied to new RVs with included solar energy systems, and how you'd go about estimating in a way that satisfied the tax man.
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08-16-2022, 07:13 PM #6
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Marcy & Gary
2014 Grand Design - Reflection 303RLS
2022 GMC 3500 Denali Duramax Longbed SRW
2015 GMC Denali 3500 - Retired
2003 F350 - retired
Michigan
We're in trouble now, the dog are bloggin'!
https://3dogsandatrailer.wordpress.com/
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08-17-2022, 06:25 AM #7
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I did a lot of digging into solar credits in 2020 and the IRS is kind of vague, leaving room for interpretation of their rules. Basically, if it was bought and installed with proof of purchase in the current tax year, the credit applies.
An rv is considered a second home if it's lived in a minimum number of days (and it's not that many) and has the required equipment (like bedroom, kitchen, bathroom IIRC).
I took the credit that year.
JK
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08-18-2022, 10:00 AM #8
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I received the credit in 2019 when I put solar on my trailer. I listed it as my second home and there were no issues.
2017 F350 4x4 6.7 Turbo Diesel
2018 Grand Design Reflection 337RLS
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08-18-2022, 10:20 AM #9
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The 2022 Inflation Reduction Act (aka IRA act) has new Renewable Energy Tax Credits in it. It's going to take someone who likes to read law to tell us how that's going to shake out for the RV industry.
Last edited by D2Reid; 08-18-2022 at 10:25 AM.
Dallas
2017 Momentum 376TH, 2019 Ford F450, Dual Rear Wheel, 4x4, diesel.
2015 Harley-Davidson Street, XG750
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