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[TSP_Strategy] Re: $10,000 tax return...what now?

 

Allen, not sure about a renewable credit, but I can tell you how the tax credits works in North Carolina.


1. You get back %30 of installation costs for Federal taxes; that pretty much wiped out my federal tax bill this year.

2. 2015 was the last year for the N.C. state credit of %35.  You can only claim up to %50 of the years total state tax bill, so it's going to take 3 years of paying half the tax bill to get that money.

3. And now I basically don't have a power bill.  (still a monthly "customer fee")

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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.

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