Discussion:Commercial tax credit

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Thcpa (Talk | contribs)
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{{ForumNewPost|UserID=Thcpa|Date=20 August 2008|Text=I have a client that received a rebate from a local utility related to the installation of a commercial solar system. Do the utility rebates reduce basis ( and therefore reduce the 30% credit), or are the rebates taxable as ordinary income?}} {{ForumNewPost|UserID=Thcpa|Date=20 August 2008|Text=I have a client that received a rebate from a local utility related to the installation of a commercial solar system. Do the utility rebates reduce basis ( and therefore reduce the 30% credit), or are the rebates taxable as ordinary income?}}
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 +{{ForumReplyPost|UserID=Bjeter|Date=20 August 2008|Text=Fill in your profile.
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 +You must have a really large client to have an entire solar system installed. How many planets does it have?}}

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Discussion Forum Index --> Advanced Tax Questions --> Commercial tax credit
Discussion Forum Index --> Tax Questions --> Commercial tax credit

Thcpa (talk|edits) said:

20 August 2008
I have a client that received a rebate from a local utility related to the installation of a commercial solar system. Do the utility rebates reduce basis ( and therefore reduce the 30% credit), or are the rebates taxable as ordinary income?

Bjeter (talk|edits) said:

20 August 2008
Fill in your profile.

You must have a really large client to have an entire solar system installed. How many planets does it have?