Earn the Energy Efficiency Tax Credit
Energy Tax Credit Qualifications
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Amount of Tax Credit
- The maximum amount for the Energy Efficiency Tax Credit is $1,500.
- The amount of the tax credit equals 30% of the homeowner's cost
of the product.
- Example A: Product Cost = $2,500, Tax Credit = $750
- Example B: Product Cost = $5,000, Tax Credit = $1,500
- Example C: Product Cost = $10,000, Tax Credit = $1,500
How do I file for the Energy Tax Credit?
- Install qualifying products beginning January 1, 2009 through December 31, 2010 and meet all other requirements outlined in the federal tax code.**
- The IRS form for requesting the Energy Tax Credit is IRS form 5695 (2009 version) which will be available in late 2009 or early 2010.
- Save the window or door product performance label (NFRC***/ENERGYS STAR LABEL) and sales contract or invoice with your tax documents. NOTE: the tax credit is for the cost of the product only, not installation.
- Claim the tax credit associated with your qualifying purchase on your Federal filing for the 2009 and/or 2010 tax year. Please note, the entire tax credit can be for windows.
NOTE: The
Manufacturer’s Certification Statement can be relied upon by you,
the homeowner/taxpayer, for verification that certain Thermal
Industries, Inc. windows and/or sliding glass doors are eligible for
the Internal Revenue Service Tax Credits identified in the American
Recovery and Reinvestment Act of 2009.
ENERGY STAR has published tax related interpretations of the ARRA
of 2009 for
windows/doors on their web site.
For tax purposes, homeowners are advised to keep their purchase
receipt(s) and, remove and retain the ENERGY STAR / National
Fenestration Rating Council (NFRC) window/door labeling (sample shown
above right) from all products along with the Manufacturer’s
Certification Statement. The IRS
Notice 2006-26 suggests that the taxpayer is not required to
attach this Manufacturers Certification Statement, or the labels, to
their tax return. However, you may be required by the IRS to provide
the above documents as proof that your Thermal Industries, Inc.
windows/doors meet the ENERGY STAR requirements for the Tax Credits.
As in all tax matters, taxpayers are advised to consult their tax
professional.
For more information:
- Thermal Industries, Inc. Website at www.thermalindustries.com
- ENERGY STAR Website (See Tax Credits): www.energystar.gov/index.cfm?c=windows_doors.pr_taxcredits
- American Recovery and Reinvestment Act of 2009 (See pgs 44-45): http://i.cdn.turner.com/cnn/2009/images/02/13/stimulus.b.pdf
- Efficient Windows Collaborative Website at www.efficientwindows.org
- IRS Website at www.irs.gov
*Many of Thermal Industries’ window and door products with a glass package from our Peak PerformanceTM Family of Glass Systems will qualify when used for remodeling, replacement or home improvement.
**THIS DOCUMENT IS NOT INTENDED TO CONSTITUTE LEGAL OR TAX ADVICE. MORE COMPREHENSIVE INFORMATION WILL BE MADE AVAILABLE BY THE IRS. INDIVIDUALS SHOULD CONSULT THEIR OWN INDEPENDENT TAX ADVISERS.
***U-factor and Solar Heat Gain Coefficient (SHGC) ratings can be found on the National Fenestration Rating Council (NFRC) label that is affixed to every window and patio door unit manufactured by our company. Homeowners should retain the manufacturers NFRC certification label with their records, but are not required to submit it with their tax return.







