**Update: As of August 2022 the federal tax credit is now 30%.
One of the great benefits to switching to solar is the tax credits! However, it can be a little overwhelming or confusing trying to understand them. In this video we go over the Renewable Energy Technologies Investment Credit (RETITC) as it applies to solar in Hawaii.
Time Stamps:
0:00 Disclaimer
0:18 Intro
1:49 Hawai'i State Tax Credit Qualifications
2:56 What is the Hawaii State Tax Credit
4:08 Example #1
6:01 Example #2
10:36 Example #3
15:44 Common Questions
18:19 A Word of Caution
Hawaii State Tax Code:
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Music: LZHG63SDNHSRL9MS
*Disclaimer
This is not tax advice. Please consultant with a tax professional to see how this applies to you.
#TaxCredit #SolarTaxCredit #HawaiiSolar #SolarPanels #RenewableEnergy #SolarEnergy #SolarInstallation #TaxSeason #Taxes
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By: Malama Solar
Title: How Much Is The Hawaii Solar Tax Credit?
Sourced From: www.youtube.com/watch?v=AKezULMuQe4
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