South Carolina Solar Tax Credits, Incentives and Rebates (2024) – MarketWatch
No. South Carolina’s solar energy tax credit is a tax deduction, it is not refundable. Homeowners can only claim 25% of renewable energy system costs if they owe a similar or greater state tax burden. You cannot take the entire tax credit if you owe a lesser amount of state income taxes. However, you can roll any remaining credits over to the following year for up to 10 years.
This post was originally published on 3rd party site mentioned in the title of this site