Your Solar Tax Credits

Qualifying for a Solar Tax Credit

All of our customers qualify for the 30% U.S. federal tax credit (it’s technically called the Investment Tax Credit). Claiming your tax credit may feel daunting at first glance, but don’t worry – we have all the information you need below in 6 easy steps to guide you through claiming your federal tax credit.

Customers who live in Oregon, Utah, and South Carolina qualify for a state tax credit in addition to the federal credit. Each of these states has its own tax incentive program, so make sure to follow the state-specific instructions. Below the federal instructions on this page, find your state and click on the link to download instructions that will guide you through your state forms.

Federal Tax Credit Instructions

To claim the federal solar tax
credit, you will fill out form 5695.

Download your instructions for form 5695 here:
https://www.irs.gov/pub/irs-pdf/i5695.pdf

Download your form 5695 here:
https://www.irs.gov/pub/irs-pdf/f5695.pdf

Follow these instructions to guide you through the form:

1

On line 1, fill in the cost of your system as it is listed on your final invoice (Blue Raven customers can find their final invoice in the System Information folder that was sent to you).

2

Fill in line 5 and 6. Line 6 line should match the amount of your federal tax credit as it was listed on your proposal.

3

Fill in any other parts of the form if you have additional residential energy credits for which to apply.

4

Fill in line 16 only if you do not have the tax liability to use the entire credit this year and want some to roll over to next year.

5

On page 2, line 17a, select “Yes” then fill in your address on line 17b. Select “No” for 17c.

6

File this form with your federal taxes.

State Tax Credit Instructions

Click on your state below to find your state’s instructions.

Tax and Legal Advice Disclaimer:
Blue Raven Solar, LLC and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for information purposes only. It is not intended to provide, and
should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.