Form ENRG-B Alternative Energy System Credit - Montana

What Is Form ENRG-B?

This is a legal form that was released by the Montana Department of Revenue - a government authority operating within Montana. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is the ENRG-B Alternative Energy System Credit?A: The ENRG-B Alternative Energy System Credit is a tax credit available in Montana for installing an alternative energy system.

Q: What is considered an alternative energy system?A: An alternative energy system can include solar panels, wind turbines, geothermal systems, and biomass systems.

Q: How much is the ENRG-B Alternative Energy System Credit?A: The credit amount varies depending on the type and capacity of the alternative energy system, but it can be up to $500 per installed kilowatt.

Q: Who is eligible for the ENRG-B Alternative Energy System Credit?A: Residential and commercial property owners in Montana who install eligible alternative energy systems are eligible for the credit.

Q: How do I apply for the ENRG-B Alternative Energy System Credit?A: To apply for the credit, you need to complete Form ENRG-B and submit it to the Montana Department of Revenue along with any required documentation.

Q: Are there any limitations or restrictions for the ENRG-B Alternative Energy System Credit?A: Yes, there are limitations and restrictions in terms of maximum credit amounts, system capacity limits, and specific eligibility requirements. It is recommended to review the form and consult with the Montana Department of Revenue for detailed information.

Q: Is the ENRG-B Alternative Energy System Credit refundable?A: No, the credit is non-refundable, but any unused credit can be carried forward for up to 5 years.

Q: When is the deadline to apply for the ENRG-B Alternative Energy System Credit?A: The deadline to apply for the credit is within 6 months of the system installation or by April 15th of the following year, whichever comes first.