Timing of Solar Installation

I'm putting solar panels on my house. If I pay the installer before the end of 2015, can I claim the credit on my 2015 taxes, even though the work is not yet complete? Honestly, the work will not have even started, but the contract is signed. And I trust the installer enough that I'm willing to pay him 100% up front if it will get me the credit on this year's taxes.

Thanks in advance, Bill

Reply to
Bill Woessner
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You can't claim the energy credits until the property is placed in service. If that's 2016, you can't claim what was paid in 2015 on your 2015 tax return.

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adjunct

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