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People who pay more than $8500 in taxes can benefit from the tax break. I'm not sure I'd consider that rich.

• navigatesol 7y ago
  >I'm not sure I'd consider that rich. People who are installing $40,000+ roofs on 2000+ sqft homes are not rich by your standards? Or do you truly believe these panels will "print money"?
  • sigstoat 7y ago
    every home has a roof, and none of them are cheap to replace. it's a small factor difference in amount you're financing.
    • navigatesol 7y ago
      >it's a small factor difference in amount you're financing. This is a magnificently out of touch comment. You think the difference between an asphalt shingle roof vs a 100-year slate tile roof is a "small factor"?
• Pfhreak 7y ago
  That represents an income of at least $70,000/year, assuming only the standard deduction and single. If you are married, it's closer to $100,000 income. That puts you at the 62th and 77th percentile, at a minimum to get the full tax deduction.
• jandrese 7y ago
  Even if your taxes aren't that high you can roll the remainder of the credit forward to next year.