Congress has approved and President Bush has signed legislation renewing home improvement tax credits for consumers. The credits are obtainable only for home improvements completed January 1, 2009 through December 31, 2009. The original credits expired December 31st, 2007, and no credits are available for home improvements made during 2008.
The home improvement credit program will work the same way it did in 2007. Consumers can receive $200 credit for all qualifying products (including windows and doors) installed during any one taxable year. There is a $500 lifetime credit limit. All credits must be requested before the end of 2009.*
Most Renewal by Andersen windows and doors with High-Performance Low-E4 glass, High-Performance Low-E4 Sun glass, and High-Performance Low-E4 SmartSun glass will qualify for the 2009 Federal Tax Credit. Please consult your tax planner and consult all IRS guidelines.
*Source: NFRC.org