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I have installed fourteen 100 Watt Renogy Eclipse Solar Panels, 5 Battleborn Batteries, and from Victron, a Multiplus II 2X120, Cerbo GX, GX Touch 50, SmartSolar MPPT 150/100, and a SmartShunt on my Reflection Travel Trailer. Not counting specialty tools I purchased, the cost for this system was in excess of $10K. One of these days, I'll put together a write-up, but that's a different post.
The good news is that my tax advisor confirmed what I have read on other forums, that I'm entitled to a 26% tax credit. So, assuming the system cost $10K, I'm getting $2,600 taken off my taxes. The IRS instructions for form 5695 specifically state that this tax credit is applicable to "a house, houseboat, mobile home, cooperative apartment, condominium, and a manufactured home that conforms to Federal Manufactured Home Construction and Safety Standards." My Reflection travel trailer certainly qualifies as a mobile home based on how much time I spend in it.
I'm not a tax attorney, and don't take this as a recommendation or advice, and don't hold it against me if you go to jail, but consider taking this credit. If you installed a solar/inverter system in years past, you can go back and amend your return, I think up to 3 years back. You actually get a higher percentage (30%) for earlier years. For equipment placed into service in 2023, the credit goes down to 22%.
Again, I'm not a tax expert, you do this at your own risk, you should consult a tax expert, and not rely on Internet advice, but it's worth considering.
Jim
https://www.irs.gov/instructions/i5695
https://turbotax.intuit.com/tax-tips...ergy/L7s9ZiB4D
The good news is that my tax advisor confirmed what I have read on other forums, that I'm entitled to a 26% tax credit. So, assuming the system cost $10K, I'm getting $2,600 taken off my taxes. The IRS instructions for form 5695 specifically state that this tax credit is applicable to "a house, houseboat, mobile home, cooperative apartment, condominium, and a manufactured home that conforms to Federal Manufactured Home Construction and Safety Standards." My Reflection travel trailer certainly qualifies as a mobile home based on how much time I spend in it.
I'm not a tax attorney, and don't take this as a recommendation or advice, and don't hold it against me if you go to jail, but consider taking this credit. If you installed a solar/inverter system in years past, you can go back and amend your return, I think up to 3 years back. You actually get a higher percentage (30%) for earlier years. For equipment placed into service in 2023, the credit goes down to 22%.
Again, I'm not a tax expert, you do this at your own risk, you should consult a tax expert, and not rely on Internet advice, but it's worth considering.
Jim
https://www.irs.gov/instructions/i5695
https://turbotax.intuit.com/tax-tips...ergy/L7s9ZiB4D
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