Many provisions of the Internal Revenue Code are complicated. Proper interpretation of the rules and regulations contained in these provisions requires the assistance of an experienced and knowledgeable tax professional. This is another installment of our series about the most confusing provisions of the Internal Revenue Code. It addresses green or energy tax credits, such as the Solar Investment Tax Credit. A tax credit is a dollar-for-dollar reduction of the income taxes that an individual or business taxpayer claiming the credit would pay the federal government.

Why Are They Confusing?

• Rule changes occur frequently causing taxpayer confusion