2009 Stimulus Package increases the tax credit for the installation of solar window films in Colorado Springs
We have some great news that we couldn't wait to share with you!
The International Window Film Association (IWFA) has learned that the 2009 Stimulus Package increases the tax credit for the installation of solar window films and window tints that meet certain performance criteria in 2009 to a maximum of $1,500 or 30% of the product cost. The tax credit will be extended to homeowners.
Please note, only certain films will qualify for the tax credit. Geography and solar performance are the criteria that determine which window films or window tints will qualify. Budget Blinds is working with manufacturer to identify these films and we have determined the specific window films or window tinting. Please call our office or email so that we can discuss this in greater detail.
Additionally, we will post the necessary forms that homeowners will need to receive the tax credit within the next few days. To qualify for the credit, the homeowner will need to provide:
Copy of Film Invoice
Window Film Manufacturer's Qualification Statement
IRS Form
Here’s the official language from the Government:
“Under section 25C of the Internal Revenue Code (I.R.C.) homeowners can receive up to 30% credit on the costs of ‘qualified energy efficiency improvements’; including solar control window film on windows, doors, and skylight …up to $1,500 maximum.”
Example of how the credit works:
If you install $4,000 worth of qualifying solar film on a home during 2009 and the product cost of the film was 30% ($1,200) then the homeowner could receive a $360 credit on their income taxes for tax year 2009 (30% of product cost of $1,200, or $360).
We hope you enjoy the blog!
Remember you can reach us at http://www.blindscoloradosprings.com and at http://www.budgetblinds.com/NorthColoradoSprings/
and at http://www.budgetblinds.com/EastColoradoSprings/
or at our Budget Blinds of Colorado Springs office phone; 719-488-0468
The International Window Film Association (IWFA) has learned that the 2009 Stimulus Package increases the tax credit for the installation of solar window films and window tints that meet certain performance criteria in 2009 to a maximum of $1,500 or 30% of the product cost. The tax credit will be extended to homeowners.
Please note, only certain films will qualify for the tax credit. Geography and solar performance are the criteria that determine which window films or window tints will qualify. Budget Blinds is working with manufacturer to identify these films and we have determined the specific window films or window tinting. Please call our office or email so that we can discuss this in greater detail.
Additionally, we will post the necessary forms that homeowners will need to receive the tax credit within the next few days. To qualify for the credit, the homeowner will need to provide:
Copy of Film Invoice
Window Film Manufacturer's Qualification Statement
IRS Form
Here’s the official language from the Government:
“Under section 25C of the Internal Revenue Code (I.R.C.) homeowners can receive up to 30% credit on the costs of ‘qualified energy efficiency improvements’; including solar control window film on windows, doors, and skylight …up to $1,500 maximum.”
Example of how the credit works:
If you install $4,000 worth of qualifying solar film on a home during 2009 and the product cost of the film was 30% ($1,200) then the homeowner could receive a $360 credit on their income taxes for tax year 2009 (30% of product cost of $1,200, or $360).
We hope you enjoy the blog!
Remember you can reach us at http://www.blindscoloradosprings.com and at http://www.budgetblinds.com/NorthColoradoSprings/
and at http://www.budgetblinds.com/EastColoradoSprings/
or at our Budget Blinds of Colorado Springs office phone; 719-488-0468
posted by Budget Blinds Colorado Springs | 1:53 PM
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