Tool

Form 5695 pre-filler

The federal 30% solar tax credit lives on IRS Form 5695 Part I (Residential Clean Energy Credit, IRC Section 25D). NY adds a 25% state credit on top, capped at $5,000 lifetime, claimed on NY IT-255. Enter your install cost and your tax liability; we compute the line-by-line values to transcribe onto each form, including the carryforward if your liability is too low to absorb the full credit this year. Not tax advice; always verify with your tax preparer.

Line-by-line pre-fill for Form 5695 Part I and NY IT-255.
Handles battery storage (3+ kWh) and prior-year carryforward.
Calls out the NY $5,000 lifetime cap and 5-year state carryforward window.

Federal Form 5695 + NY IT-255 pre-filler

Enter your solar install cost, your federal (and NY) tax liability for the filing year, and any prior-year unused credit. We compute the line-by-line values to transcribe onto each form, plus the carryforward. Not tax advice; always verify with the year's form instructions or your tax preparer.

Install year

Solar PV system cost ($)

Battery cost if separate, 3+ kWh ($)

Other 25D costs (geothermal, solar water heating) ($)

Federal tax liability this year ($)

From the Residential Clean Energy Credit Limit Worksheet in the Form 5695 instructions, or your tax software.

Prior-year 25D carryforward ($)

Also claiming the NY IT-255 state solar credit

NY tax liability this year ($)

Prior NY IT-255 credits claimed, lifetime ($)

Prior NY carryforward ($)