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SirMontego t1_j2bcawc wrote

Reply to comment by mlachick in (FL) Advice Needed With Solar Panel Tax Credit For Solar Panels Installed and Paid for in 2022…But Not Turned on Until 2023? by Practical-Mud-1

The "placed in service" date is the date to determine the applicable tax credit percentage. IRC section 25D(g).

The "when the original installation of the item is completed" date is the date to determine the taxable year to claim the tax credit. IRC section 25D(a)(1) and (e)(8)(A), with a minor exception specified in (e)(8)(B).

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[deleted] t1_j2bx2h4 wrote

[deleted]

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SirMontego t1_j2by1dv wrote

>But it says when installation is completed, not when placed into service?

The law uses both terms. Just click the link and read the law.

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