W. Va. Code R. § 110-21D-4

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 110-21D-4 - Requirements for Tax Credit; Application for Tax Credit

4.1. In order for any taxpayer to take a credit under W. Va. Code § 11-13Z-1, et seq., the taxpayer shall comply with the following requirements:

4.1.a. Have a personal income tax liability in West Virginia;

4.1.b. Have purchased and installed a new operating solar energy system that conforms to all applicable state and local codes, and manufacturer specifications;

4.1.b.1. The purchaser of the solar energy system must have an undivided interest in the solar energy system that has been installed;

4.1.b.2. The solar energy system must have been placed into service after July 1, 2009;

4.1.c. Own the property located in West Virginia, used as a residence after July 1, 2009, and served by the solar energy system purchased and installed by the taxpayer; and

4.1.d. Apply to the West Virginia Tax Department for the credit on forms and in the manner the Tax Department may prescribe.

4.2. Any tax credit authorized under W. Va. Code § 11-13Z-1, et seq. and received by a taxpayer may be combined with any federal tax incentive.

W. Va. Code R. § 110-21D-4