News & Tax Alerts: Tax Alerts – State

Solar Energy Tax Credit Cap

Monday, July 3, 2017   (0 Comments)
Posted by: Ann Lupo

Payments authorized for solar energy system purchasers affected by tax credit cap  

Act 413 provides additional funding for taxpayers who purchased and installed a qualified solar energy system on or before December 31, 2015. Taxpayers must have already submitted a properly filed claim or must submit a properly filed claim on or before August 31, 2017. Finally, all required supporting documentation must be received by LDR on or before November 1, 2017.

Solar Credit Frequently Asked Questions 
Although the Revenue Information Bulletin for the Solar Tax Credit cap has not been officially issued at the time of this alert, it is recommended that you check the Laws and Policies section of the LDR's website for the RIB that is expected be issued soon.

LCPA's Advocacy Team thanks the Department for the communications prior to ACT 413 being signed by the Governor and for incorporating members' questions into the FAQs.

Questions about the content of this Alert should be directed to LCPA State Government Relations Director Linda Babin.