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Consumer Tax Credit
The American Recovery and Reinvestment Act of 2009 includes a Federal Tax Credit on qualifying home improvement projects. Now, you will not only add value to your home and save on your energy bills, but you will also save money on your taxes by installing Windsor Windows & Doors. Click here to print instructions Program Qualifications: - Product must be installed from January 1, 2009 - December 31, 2010
- This tax credit applies to non-business properties only
- Product must be installed in taxpayer's principal residence
- Windows and doors meeting the following criteria are eligible
A U-Factor of less than or equal to 0.30 A Solar Heat Gain Coefficient of less than or equal to 0.30 - If you are building a new home, you can qualify for the tax credit for geothermal heat pumps, photovoltaics, solar water heaters, small wind systems and fuel cells, but you will not qualify for the tax credits for windows, doors, insulation, roofs, HVAC, or non-solar water heaters
Rebate Amount: - The amount of the rebate is calculated by determining 30% of the purchase price of qualified products
- The maximum credit amount is $1,500
Claim Procedure: - All claims must be submitted with your taxes for the year that the products were installed
- Keep all receipts for verification purposes
- Keep the Manufacturer's Certification Statement (available below) as proof that the products qualify for the rebate
- Improvements made in 2009 will be claimed on your 2009 taxes - filed by April 15, 2010
- All claims will be submitted using your IRS Tax Form 5695 available in late 2009 or early 2010
Manufacturer's Certification Statement *Consult your tax professional for details For More Information visit http://www.energystar.gov/index.cfm?c=windows_doors.pr_taxcredits
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