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 Form it 255 Claim for Solar Energy System Equipment Credit 2021

It 255 2021-2025 Form

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Video instructions and help with filling out and completing Form IT 255 Claim For Solar Energy System Equipment Credit

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Instructions and help about solar credit form

hey guys my name is tyler i'm going to show you how to apply for the solar tax credit the federal solar tax credit and the new york state solar tax credit in 2020. it's very easy the only thing you need is a gross price of the system as well as the two forms the federal tax form we're gonna do that first it's formed 56.95 this is the form 56.95 now first off i'm not a tax accountant you gotta speak with a professional accountant a tax advisor legally you gotta say that but it's very easy to do so i'm gonna assume if you're doing it yourself you're using a turbo tax or uh whatever other tax thing is out there so all you do is let's say the system is thirty thousand dollars right you need to put thirty thousand dollars in the first line the first line of this form says qualified solar electric costs that's the actual cost of the system here right so you put it on line one lines two through four have t

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