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Improvement Tax Credit 2009 on your New Jersey Home Improvement Project
2009
TAX CREDIT up to $1,500* |
Tax
Credit for Qualifying Energy Efficient Replacement Siding, Windows & Doors
Roeland's
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 federal tax credit up
to $1,500 on your federal income tax*.
As part of
the Economic Stimulus plan, 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, replacement windows and doors 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.
HOW
TO QUALIFY FOR THE 2010
ENERGY TAX CREDIT*
1. Purchase
a qualifying product from Roeland Home Improvers.
2. Save your
sales receipt and each product performance label (NFRC/ENERGY STAR® label) with
your tax documents.
3. Purchase
and install qualifying products beginning January 1, 2009 through December 31,
2010 and meet all other requirements outlined in the federal tax code.
4. Claim the
tax credit associated with your qualifying purchase on your Federal filing for
the 2009 and/or 2010 tax year.
2009/2010
ENERGY TAX CREDIT DETAILS
• Tax credit is for the cost of the product only and does not include installation
costs. Be sure to ask for a sales receipt that shows the cost of the product
only.
• 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).**
• This is
a new tax credit for 2009 and 2010.
*
Many of our glass products with Low-E glass will qualify when used for remodeling,
replacement windows or home improvement. Some limitations apply based on size
and grille configuration. Please consult your tax planner and review all IRS
guidelines.
**The
above is the best available information and is a partial summary of the the revisions
to the federal tax code (U.S. Code Title 26, Section 25C ) as updated by the
American Recovery and Reinvestment Act of 2009. Taxpayers should check with the
IRS regarding updates to the IRS interim guidance in Notice 2006-26 for further
details on the tax credit. Other energy efficient improvements may apply; check
the following link and the IRS website for more details (http://www.irs.gov/newsroom/article/0,,id=154657,00.html).
Roeland Home Improvers bears no responsibility in the validation of obtaining
the tax credit. Please consult with a professional tax advisor or the IRS. Additional
information can be found at: www.energystar.gov/taxcredits
This
web site contains many windows and glazed doors that are ENERGY STAR qualified.
Roeland Home Improvers expressly disclaims any responsibility for determining
whether a particular product qualifies for the tax credit. Further, Roeland Home
Improvers does not intend to and is not providing legal or tax advice and recommends
that purchasers consult their own tax advisor to determine whether the products
they purchase qualify for the tax credit.
"ENERGY
STAR" is a registered trademark of the U.S. Environmental Protection Agency.
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