To claim the federal tax credit for a battery storage system installed yourself:
Eligibility Requirements
- Qualified residence: Must be your primary home or second home (rentals excluded).
- Battery specifications:
- ≥3 kWh capacity (most systems meet this, often ~10 kWh).
- Must be installed in the U.S. and meet “qualified battery storage technology expenditure” criteria.
- Self-installation: No explicit requirement for professional installation in IRS guidelines. Expenses related to purchase, preparation, assembly, and installation qualify if the system meets standards.
How to Apply
- Document expenses: Save receipts/invoices for the battery, wiring, mounting hardware, and other associated costs.
- Complete IRS Form 5695: Calculate the credit (30% of total costs) and attach it to your federal tax return.
- Claim for the installation year: File for the credit in the year the system becomes operational (e.g., 2024 installation = 2024 tax return).
The IRS does not mandate professional installation, so self-installed systems can qualify if expense documentation is provided. For compliance details, consult a tax professional or review the IRS Instructions for Form 5695.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/can-i-claim-the-tax-credit-if-i-installed-the-battery-storage-system-myself/
