On January 1, 2013 the American Taxpayer Relief Act of 2012 was passed. This bill includes energy tax extensions for replacement windows and exterior doors purchased and installed in primary residences from January 1, 2012 through December 31, 2013 that meet the criteria.
The tax credit for windows is 10% of the purchase price up to $200 while the tax credit for exterior doors is 10% up to $500. Installation and labor cost do not apply.
There is a lifetime limit of $500 ($200 for windows) in total credits. This includes any credits applied after Dec. 31, 2005 to Dec. 31, 2013.
To be eligible for the tax credit, windows and exterior doors must:
- Meet the Energy Star® guidelines for the appropriate Climate Zone. Click to see Energy Star® Zones.
- Be installed in the taxpayer's primary residence.
- Be installed in an existing home.
- Be purchased and installed from January 1, 2012 through December 31, 2013.
To claim a tax credit:
- Homeowners need to file IRS Form 5695 along with their federal income tax return for the year the improvement is made. The credit will be subtracted from the amount of tax owed or added to tax refund.
- Keep receipts and the NFRC label from each qualifying window or exterior door for tax records.
- Retain a Manufacturer's Certification Statement (MCS) for your own tax records, but do not attach this to the tax return.
Please visit EnergyStar.Gov for further information.
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