Residential Tax Credit
Can i get a 2013 Tax Credit for Window Film?
Yes? Window Film is eligible for the energy tax credit approved by Congress for new installations in 2013 or completed projects completed in 2012. Tax credits for energy efficient upgrades will cover up to 10% of the installation cost to a maximum of $500. A tax credit will directly reduce your income tax, unlike a deduction, which reduces the amount of income subject to tax. The credit then directly increases the tax refund you receive or decreases the amount you have to pay.
Blue Conservation will work to ensure its customers can participate in the tax benefits. Please call today for a free Window Film quote.
Energy Tax credit for 2012
The recent approval by Congress in approving window film for the energy tax credit will be retroactive for installation completed in 2012 thus covering the gap between the expired period in 2011 and current eligibility. Contact Blue Conservation for more information.
Below are details of the past tax incentives.
2011 Tax Credit for Window Film
A provision in the recent Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 has created a tax credit opportunity for window films installed in residential structures. Under the new policy, the qualifying credit is 10 percent of the film cost with a maximum total credit of $500. The new policy went into effect January 1, 2011, and expires December 31st of 2011.
We are pleased to assist our customers, when selecting the appropriate Window Film solution to present films that qualify for the tax credit. There is specific criteria when installed with different window/frame types, qualify for climate zones defined by the 2009 International Energy Conservation Code.
A tax credit will directly reduce your income tax, unlike a deduction, which reduces the amount of income subject to tax. The credit then directly increases the tax refund you receive or decreases the amount you have to pay. Homeowners can receive a 10% credit on the costs of window film, up to $500. Installation Complete IRS form 5695 and file 2010 Income Tax Returns by April 15, 2012. Forms are downloadable at www.energystar.gov, along with a list of other available energy efficiency tax credits. Maintain copies of the dealer invoice and the manufacturer's certification statement for your records.
Nothing herein, including any content set forth in any documents or websites made accessible hereon, shall be deemed to constitute tax advice. Blue Conservation LLC. is not a tax advisor. Please consult your tax advisor regarding your eligibility with respect to any tax credit.