LogFAQs > #970160156

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TopicI think March will be my last car payment
CableZL
12/14/22 2:12:54 PM
#11:


theAteam posted...
Damn how much was that solar credit that it almost paid off a 3 year old Tesla?

They just increased the solar tax credit from 26% through 2022 to 30% through 2032.

So my total solar tax credit will be about $25,500. However, (if I'm looking at the numbers correctly), I'll get about $20,000 as a tax credit in 2023, and then the remaining $5,500 will roll over to the 2024 tax filing. My total tax liability for 2023 will be just about $20,000, I think. I'm assuming you don't get a tax credit for what you put into medicare or social security.

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