Yes, but they work differently than direct tax credits.
- Shasta Power leverages federal incentives like the Investment Tax Credit (ITC) and depreciation benefits at the project level. These benefits improve the profitability of the solar projects you’re invested in, ultimately boosting your potential returns.
- However, you do not personally claim solar tax credits as an individual investor in the fund. This structure simplifies your tax experience while ensuring you still benefit from favorable renewable energy economics.
- Any taxable income or losses passed through the fund will be reported on your Schedule K-1.
In short: You don’t need to navigate the IRS code—we handle the complexity and pass along the value.