The very first episode of Tax in Action dives into one of my favorite tax credits as a Floridian:
โ๏ธ The Residential Clean Energy Credit under IRC ยง25D.
In this episode, youโll learn the following:
โ๏ธ The legal background of ยง25D, including what kinds of home energy improvements qualify, and which donโt.
๐ฃ๏ธ The intake questions you should be asking clients when they install solar panels or other clean energy-producing property.
๐ How to report the credit correctly on Form 5695, Residential Energy Credits, and avoid common errors.
๐ What ancillary costs, like roof upgrades, count for the credit.
I start with a real-world example, walk through the legal authority, then apply it all in a way thatโs practical for everyday tax work.
Earn CPE for listening to this podcast!
If you prepare 1040s, advise homeowners, or just want a better grasp of clean energy tax incentives, this episode is worth a listen.