Saturday, February 28, 2009

2009 / 2010 Tax Credit

Renewal by Andersen® windows and patio doors help increase your home’s comfort and energy efficiency. Better yet, if you buy them now, you may qualify for a credit of 30% of the product cost up to $1,500 on your federal income tax. Tax credit is 30% of the amount paid for the product up to a maximum of $1500 combined for 2009 and 2010 (Including other eligible items listed in the IRS Notice).

As part of the Economic Stimulus package, the American Recovery and Reinvestment Act of 2009 modifies and extends federal tax credits for eligible building components that improve energy efficiency. To be eligible, windows, doors and skylights must have both a U-Factor equal to or less than 0.30 and a Solar Heat Gain Coefficient (SHGC) equal to or less than 0.30.