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.

Consult your tax advisor to ensure you qualify for the federal tax credit for energy efficiency. The tax credit is an extension of the 26 u s c. Non business energy property credit. 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.

The federal government issued a federal tax credit for products that increase energy efficiency. When it is tax time. Please speak with your tax advisor to see if this tax credit applies to you. Cut your energy bills and your taxes by purchasing the comfortrack plus shades.

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. 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. Fill out irs tax form 5695 and submit it with your taxes.

However the taxpayer should retain this certification as part of their tax records. Solar wind geothermal and fuel cell technology are all eligible. 25c tax credit which means all previous federal tax credits are a lifetime maximum credit. You can claim a tax credit for 10 of the cost of qualified energy efficiency improvements and 100 of residential energy property costs.

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. This credit is worth a maximum of 500 for all years combined from 2006 to its expiration. This is known as the residential renewable energy tax credit. Comfortrack insulating shadessave money on energy bills and qualifying homeowners for a 10 tax credit up to a 500.

The tax credit is for 30 of the window covering purchase up to 1500. Note the products must be purchased between january 1 2016 and december 31 2016 and must be installed by december 31 2016.