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Old 08-04-2016, 11:05 AM   #15
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Originally Posted by dlovitt View Post
It's technically a credit. If your labor, don't think so. If you paid someone to install, it should be a part of your cost of which 30% can be used as a credit against your tax liability.
That is assuming that you have a receipt for the install. Saying you paid cash for someone to install the system and not having a receipt will get you nothing. Just be aware of the necessity of having documentation for the materials and the labor.
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Old 08-04-2016, 03:25 PM   #16
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Originally Posted by wnytaxman View Post
That is assuming that you have a receipt for the install. Saying you paid cash for someone to install the system and not having a receipt will get you nothing. Just be aware of the necessity of having documentation for the materials and the labor.
Excellent point!
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