Energy Tax Credit up to $1,500!

The recently passed Economic Stimulus package (the American Recovery and Reinvestment Act of 2009) includes federal tax credit for homeowners who make energy efficient improvements to their homes. Replacing windows and doors with energy efficient Infinity from Marvin products qualifies for this tax credit!

To qualify, a high level of energy efficiency is required. Infinity from Marvin products meet those qualifications with high performance LoĒ³-366 glass. LoĒ³-366 is available on all Infinity windows and doors, so homeowners can increase the energy efficiency of their homes and qualify for the $1,500 tax credit!

How to Qualify:

1. Replace your old windows and doors with qualifying Infinity products any time in 2009 or 2010. According to the Internal Revenue Service, Energy Star certified products purchased before June 1, 2009 qualify for the tax credit. After June 1, 2009 a U-factor of 0.30 or less and a SHGC (Solar Heat Gain Coefficient) of 0.30 or less are required to qualify.
2. Consult Internal Revenue Service rules for additional forms and a complete description of the Tax Credit requirements.

   Click here for information on qualifying Infinity products with LoĒ³-366 glass.

3. Save the purchase receipt and Manufacturer’s Certification Statement with your tax documents. These materials are not required to claim the credit but will be needed if you are audited.
4. Claim the tax credit for your qualifying purchase on your federal taxes for the 2009 and/or 2010 tax year. The claim can be submitted on IRS Tax Form 5695. The 2009 version of Form 5695 will be available late 2009 or early 2010 on the Energy Star and the IRS websites.

Details of the Tax Credit:

1. The tax credit is based on 30% of the cost of window and door products up to $1,500. Installation of the windows and doors does not qualify for the tax credit.
2. The credit is available on projects completed in 2009 and 2010 for a total of $1,500 over the two-year period.
3. The credit applies to the homeowner’s principal residence only.
4. A tax credit is a dollar-for-dollar reduction subtracted from your tax liability. Therefore, $1,500 can be subtracted directly from the amount of tax that is owed or added to a refund!