Get Ma Schedule Ec 2018-2026

This guide provides clear and detailed steps to assist you in filling out the Massachusetts Schedule EC for solar and wind energy credits. By following these instructions, you will ensure a smooth online submission process for claiming your eligible energy credits.

Follow the steps to successfully complete your MA Schedule EC.

1. Click the ‘Get Form’ button to access the Schedule EC form online and open it in your browser.
2. Enter your name(s) as they appear on your Massachusetts Form 1 or 1-NR/PY.
3. Input the last four digits of your Social Security number.
4. Fill in the address of your principal residence in Massachusetts. Please ensure that you do not use a P.O. box.
5. Provide the city/town, state, and zip code of your residence.
6. In line 1, report the total cost of renewable solar and/or wind energy source property that was installed in your principal residence for the tax year 2018.
7. If you received a U.S. HUD grant or rebate related to the expenditures, report that amount on line 2.
8. Calculate your net expenditures by subtracting line 2 from line 1 and enter the result on line 3. Ensure that this number is no less than zero.
9. On line 4, enter 15% of the amount reported on line 3.
10. On line 5a, enter the maximum allowable credit for your principal residence, which is $1,000.
11. Fill in line 5b with the total of any prior year credits taken for this principal residence.
12. Calculate the remaining credit amount on line 5c by subtracting line 5b from line 5a. Ensure that this amount is no less than zero.
13. On line 6, enter the smaller of line 4 or line 5c as your 2018 Massachusetts energy credit.
14. If applicable, enter any unused Massachusetts energy credits from prior years in lines 7a, 7b, and 7c for the years 2015, 2016, and 2017.
15. Calculate the total Massachusetts energy credit available this year by adding lines 6, 7a, 7b, and 7c.
16. On line 9, report the total tax from your Form 1 or Form 1-NR/PY, less any applicable credits.
17. For line 10, compute the Massachusetts energy credit allowable this year, which is the smaller of line 8 or line 9.
18. Finally, review all your entries for accuracy. Save your changes, and you may download, print, or share the completed form as needed.

Complete your MA Schedule EC online today to claim your solar and wind energy credits efficiently.