Energy Tax Credit for Windows
by Guest Post on Jan 30, 2013
Replacing single pane windows with energy efficient windows can save you between $126 and $465 a year depending on where you live.
You can claim your energy tax credit for home improvements by using online tax software. You will be sure to get the full tax credit for your home energy efficiency improvements that qualify for the tax credits and deductions.
Replacing double pane windows could save you between $27 and $111 a year.
Energy Efficient Home Improvement Tax Credit
Beyond the long term savings, new windows for your home may also be eligible for a tax credit.
When Barrack Obama signed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, a set of new tax credits for energy efficient doors, windows, and skylights went into effect.
Energy Tax Credit Requirements
The requirements to meet this tax credit are to first make sure that the windows are “Energy Star” rated and meet the requirements for that rating.
Next, the windows must be installed on your primary residence. Energy efficient windows installed on rental, vacation, or second homes do not qualify for the tax credit.
Finally, the tax credit is limited 10% of the windows or skylights cost up to a total of $200.
Keep in mind the installation costs are not included, only the cost of the windows themselves is eligible for the credit and there is a total limit of $500 for all total energy upgrades total.
Tax Software Helps You Claim Your Energy Tax Credits
If your Energy Star doors, windows, or skylights were purchased before the current tax year, you can file an amended tax return to claim the credit if you had them installed before the expiration date.
Tax software is your best chance to claim your energy tax credits. By answering simple questions the program will fill in your entries into the correct place. Your tax return will be scanned many times before you file to ensure you will not miss any valuable tax credits or tax deductions.
Popular Articles
Three Places to Spend Money on the Exterior of Your Home
When you have the exterior of your home remodeled, you are investing, time, energy and convenience into the project and you want to make sure that...
88444 Views
When to Use a Brush, Roller or Sponge Brush
Brushes are a good choice for painting trim and woodwork. They are also useful for cutting in the edges around the top and bottom edges and corners...
69958 Views
Homemade Headboards-Make an Upholstered or Wooden Headboard
Homemade headboards can add a lot of personality to any bedroom. They can be coordinated with existing furniture and room decor or they can be the...
69659 Views
Creating a Cottage Kitchen with Bead Board
Kitchen decor can range from modern and bold to elegant and elaborate by using strategic kitchen pieces. One of the most popular decorating trends...
48343 Views
Gas Fireplace Diagnostics and Troubleshooting
Follow these steps for diagnosing and troubleshooting Gas Fireplaces repairs. For the average DIYer, this may seem intimidating, depending on the...
29044 Views
Latest Articles
Understanding Indonesia’s Real Estate Investment Laws for Foreigners
Indonesia, with its stunning landscapes, deep-rooted cultural heritage, and renowned hospitality, has emerged as a top destination for foreigners...
on Jan 25, 2024
Real Estate Development in Asian Cities
In many Asian cities, the rapid pace of urban development has led to the decline of historic districts, areas once teeming with cultural richness...
on Jan 25, 2024
Shower Envy: Elevating Your Bathroom with a Stunning Walk-In Shower
Are you tired of the same old routine in your bathroom? It might be time to consider a change, and one way to elevate your bathroom to a new level...
on Jan 22, 2024
Exploring Crowdfunding as an Innovative Approach to Real Estate Investment
The landscape of property selling has been transformed significantly due to the advent of property crowdfunding. This innovative approach,...
on Jan 10, 2024
The Rise of Co-Living Spaces in Asian Cities
Asia, home to 21 of the worlds 30 largest cities, is a significant player in the global economy, contributing 38% of the goods and services of the...
on Jan 5, 2024
Featured Articles
What Type of Licensed Contractor Should You Hire?
on Feb 28, 2017
Hire Contractors / Estimates
Looking for a specialty project? There are many types of contractors available for your home improvement needs. Finding the right type of...
Actions
Top Categories
- Garden / Landscaping / Patio — 263
- Kitchen / Bathrooms — 240
- Real Estate / Finance — 200
- Appliance / Repair — 186
- Interior Design / Decor — 184
- HVAC / Air Conditioning — 147
- Cleaning / Maintenance — 144
- Improvements / Remodeling — 131
- Plumbing / Basements — 118
- Floors / Tile / Hardwood — 115
- Doors / Garages — 113
- Safety / Security — 112
Articles Archive
More DIY Articles
5 Air Conditioner Repair Tips You Can Do Yourself
When you have an air conditioner, you know how much work this unit requires to keep maintained. You have to ensure that you take care of your unit...
What Your Front Door Color Says About You
Your front door is a place to greet visitors, welcome friends, and invite outsiders in. A cheerful color can illuminate your front porch and turn a...
What to Expect from Your Plumber during a Sewer Line Blockage Repair
During a sewer line blockage, you will instantly notice the mess, either by seeing the leaking water or perception of the putrid smell. Such...
Increase Your Enjoyment of Outdoor Space
Your yard is meant to be enjoyed by you and your family. And, how you and your family decide to do this is completely a personal choice. So, take a...
Using the Internet to Sell Your Home
There are many reasons why people choose to sell their home. Perhaps you have just accepted a new job and must relocate to another part of the...