Qualifying for the 2012 - 2013 Tax Credit:
It's here! Tax season that is, and what better time to remind you that some of the home improvement projects you've been contemplating or completed last year now qualify for tax credits for 2012 and 2013. If you've been thinking about buying energy efficient replacement windows or doors but have been holding off, the window replacement professionals here at Window Nation have put together some information on the 2012 - 2013 tax credits.
To qualify for the energy tax credit, homeowners must purchase and install ENERGY STAR®-qualified windows, doors or other eligible products. Please note not all ENERGY STAR products qualify for tax credits. You can review the list of eligible products here.
Consumers can claim a credit of 10%, up to $200, of the purchase price on qualifying windows. They can also claim 10%, up to $500, of the purchase price of qualifying doors. This includes the purchase price only and does not apply to installation costs. Tax credits under this law are capped at a cumulative lifetime total of $500 for all qualifying products installed from January 1, 2006 to December 31, 2013. Check with your tax professional to see if you qualify.
Don't forget: you must purchase and install qualifying products by December 31, 2013 to get the credit. Save a copy of the document and your contract in order to claim the tax credit on your Federal filing for the 2012 or 2013 tax year.
At Window Nation, we have over 35 years of combined experience in the installation of energy efficient windows, doors and siding. If you would like to learn more about how to create an energy efficient home and even save money on your heating and cooling costs from our energy efficient products, please contact Window Nation today. Our service area extends from Cleveland, OH; Washington D.C.; all of Maryland; Northern Virginia, to the Carolinas.
We look forward to working with you and helping you get your 2012-2013 energy tax credits! Give us a call today to get started.