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I got a credit with the IRS by installing a Solar system. I

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I got a credit with...
I got a credit with the IRS by installing a Solar system. I am not due to pay any taxes this year. Can I get a refund from the IRS of this credit?
Submitted: 1 year ago.Category: Tax
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Answered in 4 hours by:
3/20/2016
Tax Professional: Barbara, Enrolled Agent replied 1 year ago
Barbara
Barbara, Enrolled Agent
Category: Tax
Satisfied Customers: 4,074
Experience: 20+ years of experience in tax preparation; 30+ years of experience as a real estate/corporate paralegal.
Verified

Welcome to Just Answer. My name is ***** ***** I will be happy to assist you.

This credit is a non-refundable credit. A non-refundable tax credit allows you to lower your tax liability to zero, but not below zero. You cannot obtain a refund from the IRS for this credit.

Please let me know if you require further information or clarification.

Thank you and best regards,

Barb

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Tax Professional: Barbara, Enrolled Agent replied 1 year ago

Just following up with you to see if you have any other questions or concerns. If so, please come back to me here, and I will be happy to assist you.

Best regards,

Barb

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Barbara
Barbara
Barbara, Enrolled Agent
Category: Tax
Satisfied Customers: 4,074
4,074 Satisfied Customers
Experience: 20+ years of experience in tax preparation; 30+ years of experience as a real estate/corporate paralegal.

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