Search results

Further to the continuing research into carry forward credits, I have discovered that the same credit of $7500 is available to businesses as a "S.45W Commercial Clean Vehicle Credit" and IS available to be carried forward if the business does not have sufficient tax liability in the year of...

Thanks for the reply, however non- refundable is different from being able to carry it forward, in this case though, via more research, (unless the IRS changes previous EV credit advice) the result is the same. According to what I found on the IRS website (I prefer horse mouth) PV (solar) tax...

In all these replies I've seen it mentioned a number of times that the credit will not be able to be carried forward, meaning if you don't have at least 7500 tax liability you can only claim the amount of liability you do have. What I want to know is the source of these statements. I've checked...