dcmeserve said:
A point that hasn't been addressed in this thread yet: will the tax credit apply against the Alternative Minimum Tax?!
I actually found a FAQ page on the IRS site that indirectly said that yes, it would, for all tax years 2009 and onward (sorry don't have the link handy here), but I wish I had a more definitive answer...
Really? I heard to the contrary.
As far as my own withholding strategy, I also plan on a PV system, and either I'll get the PV system, the car, or both, this year. So, being as the tax credits for the PV system can be carried over (until 2016), all ways round I should be good for credits which eliminate my tax liability for the next 3-4 years.
Edit: Answer to Gonewild's question about carrying over PV system tax credits in sentence above.