
In accordance with the new Stimulus Package, the American Recovery and
Reinvestment Act of 2009 has modified and extended the federal tax credits for
eligible building components that improve energy efficiency.
What Are the Qualifications For the Tax Credit?
This tax credit applies to the following product categories from Preservation:
Climashield Insulation® Package
ENERGY STAR® Windows and Patio Doors**
An ENERGY STAR qualifying insulated glass package will be any glass unit that
enables the window or patio door to achieve the required U-factor and Solar Heat
Gain Coefficient (SHGC) of 0.30 or lower.
Purchase and install qualifying products beginning February 17, 2009 through
December 31, 2010 and meet all other criteria outlined in the federal tax code.
Save retail sales receipts and all NFRC, ENERGY STAR, and Manufacturer Certification
labels and file with all of your other tax documents.
Claim the tax credit associated with your qualifying purchase on your federal
filing for the 2009 and the 2010 tax year.
Insulation Tax Certificate
Qualified Product Listing
Window Tax Certificate
Details of the 2009/2010 Energy Tax Credit
The tax credit is for the cost of the product only and includes no installation
costs. Make sure that you request a sales receipt that indicates product cost
only.
If you are building a new home, the tax credit does not apply to windows,
doors, insulation or roofing.
*Many Preservation window and door products manufactured with certain versions
of the Climshield Insulated Glass Package will qualify when used for remodeling,
replacement or home improvement. These glass packages contain many combinations
of low emissivity (Low-E) glass and an argon or krypton inert gas fill. Different
window or patio door models offered by Preservation may require alternative combinations
to meet the federal requirements. It is always suggested to consult your tax
planner and review all IRS guidelines. Neither preservation nor its representatives
shall act as a tax advisor.
**Not all ENERGY STAR qualified windows, patio doors and insulation panels
meet the tax credit criteria. Talk with your Preservation dealer to make sure
your purchase qualifies.
***The above is the best available information and is a partial summary of
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.
The following link and the IRS website should be consulted for additional
information (http://www.irs.gov/newsroom/article/0,,id=206869,00.html). Preservation
bears no responsibility in the validation of obtaining the tax credit.
Preservation expressly disclaims any responsibility for determining whether
a particular product qualifies for the tax credit. Further, Preservation 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. Please consult with a professional tax advisor or
the IRS. Additional information can be found at: www.energystar.gov/taxcredits.
"ENERGY STAR" is a registered trademark of the U.S. Environmental
Protection Agency. Preservation is a registered trademark. All other marks where
denoted are marks of Preservation. |