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re: CPA's, EA's, Tax Preparers - Denied LA Solar Credit
Posted on 8/29/16 at 10:59 am to SippyCup
Posted on 8/29/16 at 10:59 am to SippyCup
I never filed a return claiming the solar credit for less than the full $12,500 available from Louisiana. Assuming that is the case for all those seeking the credit, and the fact that the total credits were capped at $10 million for 2015, only 800 taxpayers will receive the credits they claim. The same cap applies to 2016, and the cap gets reduced to $5 million for 2017-2018.
That is one hell of an incentive to cover only 2,400 homes throughout the entire state over a 4 year period. It's not an incentive to the taxpayers it is a subsidy to the installers.
That is one hell of an incentive to cover only 2,400 homes throughout the entire state over a 4 year period. It's not an incentive to the taxpayers it is a subsidy to the installers.
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