Energy Efficient Window Shades Tax Credit

500 total maximum tax credit for all qualifying improvements including windows or skylights.

Energy efficient window shades tax credit.

If a combination of windows skylights and doors are purchased then the total maximum credit is 500 of which 200 is the maximum allowable for windows and skylights 5. Note the products must be purchased between january 1 2016 and december 31 2016 and must be installed by december 31 2016. Non business energy property credit. Solar wind geothermal and fuel cell technology are all eligible.

Irs notice 2009 41 suggests the taxpayer is not required to attach this certification statement to their tax return. Here are some key facts to know about home energy tax credits. This credit is worth a maximum of 500 for all years combined from 2006 to its expiration. 25c tax credit which means all previous federal tax credits are a lifetime maximum credit.

Federal tax credits via the protecting americans from tax hikes path act of 2015 which gave federal tax credits on select energy efficient products have been reinstated for 2016. Please speak with your tax advisor to see if this tax credit applies to you. The tax credit is an extension of the 26 u s c. The federal government issued a federal tax credit for products that increase energy efficiency.

Part of this credit is worth 10 percent of the cost of certain qualified energy saving items added to a taxpayer s main home last year. This is known as the residential renewable energy tax credit. The tax credit is for 30 of the window covering purchase up to 1500. Qualified improvements include adding insulation energy efficient exterior windows and doors and certain roofs.

Cut your energy bills and your taxes by purchasing the comfortrack plus shades. However the taxpayer should retain this certification as part of their tax records. When it is tax time. Homeowners can claim a federal tax credit for making certain improvements to their homes or installing appliances that are designed to boost energy efficiency.

Enter this tax credit off of form 5695 on your 1040 form. Comfortrack insulating shadessave money on energy bills and qualifying homeowners for a 10 tax credit up to a 500.