
There are no income limitations for claiming the 25D battery storage tax credit. However, to qualify, you must pay federal income taxes, as this tax credit is designed to offset your federal tax liability and is not refundable. This means you cannot receive a refund exceeding the amount of taxes you owe. The tax credit can cover up to 30% of the qualified battery storage project’s cost, with no cap on the maximum dollar amount for eligible projects.
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