Extenders, including residential solar panels

Technical topics regarding tax preparation.

Are you still waiting for 2017 extenders to pass?

Poll ended at 26-Sep-2019 10:46am

Yes
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1
100%
I forgot - what?
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Total votes : 1

#1
makbo  
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Tax Writers to Focus on Extenders, Retirement This Fall

"Any tax package would need to be attached to broader legislation—likely the end of year government funding package—in order to pass. What makes it into such a tax package will be subject to heavy negotiations between the Democrats and Republicans. "

There are only a few months left for residential solar panels to be eligible for the credit (and how many are going to wait until December and then start asking questions about whether panels have to be paid for and in service by year end to qualify?)

The minority political party in charge will have a dilemma - fail to extend a tax break for the higher income people (after all the solar credit doesn't help much if you can't afford the panels or don't have much of a tax liability), or do something to actually help address climate change.

Also, there is this:

An outdated idea about solar panels has been slowing advancement, study shows
Solar and Wind Power So Cheap They’re Outgrowing Subsidies
 

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