How to qualify for the Tax Credit:** - Purchase a qualifying MIWD or Certainteed window or door with high performance glass (Eastern: TMAX, TMAX Extreme, Thermaflect, Thermaflect Extreme, Green & Clean, Green & Clean Extreme, Western: LoE 366.)
The window or door must have both a U-Factor and SHGC of 0.30 or lower. - Save your sales receipt and each window or door performance label (NFRC/ENERGY STAR® label) with your tax documents.
- Purchase and install qualifying products beginning January 1, 2009 through December 31, 2010 and meet all other requirements outlined in the federal tax code.
- Claim the tax credit associated with your qualifying purchase on your Federal filing for the 2009 and/or 2010 tax year.
2009/2010 ENERGY TAX CREDIT DETAILS - Tax credit is for the cost of the product only and does not include installation costs. Be sure to ask for a sales receipt that shows the cost of the product only.
- Tax credit is 30% of the amount paid for the product up to a maximum of $1,500 combined for 2009 and 2010 (Including other eligible items listed in the IRS Notice).**
- This is a new tax credit for 2009 and 2010.
Tax Credit vs. Deduction?
The $1,500 tax credit is not a deduction. Deductions are used to calculate your total taxable income. This new tax credit is much more advantageous than a deduction because you apply the tax credit directly to the balance due the IRS on your tax return—or increase your refund. Whether your taxable income for 2009 is $20,000, $75,000 or $1,000,000, you will receive the full $1,500 reduction to your tax payment—or a $1,500 increase to the amount of your refund.
Eastern Qualifying Products Western Qualifying Products