New Energy Tax Credit for 2013
In early January, 2013, Congress passed the American Taxpayer Relief Act of 2012, reinstating the energy efficiency tax credits for windows and doors, which had previously expired at the end of 2011. The new tax credits reward homeowners who made qualifying energy improvements last year and encourage others to make improvements in 2013. Replacing windows and doors with energy efficient Infinity products in 2013 may qualify for this tax credit!
Eligible windows and exterior doors needed to be Energy Star qualified products as per the Energy Star Qualification criteria for your zone. Infinity from Marvin products with either high performance LoĒ²-272® or LoĒ3‐366® glass qualify; in the Southern zone LoĒ³-366® glass must be used.
How to Qualify:
- Find Energy Star Qualification criteria for your zone at:
- Replace your old windows and doors with qualifying Infinity products any time in 2013. Energy Star certified products purchased from January 1, 2012 to December 31, 2013 qualify for the tax credit.
- Consult Internal Revenue Service rules for additional forms and a complete description of the Tax Credit requirements. Check www.irs.gov for updated information.
Click here for information on qualifying Infinity products with LoĒ²-272® or LoĒ³-366® glass.
Details of the Tax Credit:
- A consumer tax credit up to $200 for 10% of the cost of qualified replacement windows. Tax credit is for the cost of product only; does not include installation costs.
- A consumer tax credit up to $500 for 10% of the cost of qualified doors. Tax credit is for product only; does not include installation costs.
- Applies to ENERGY STAR® qualified windows and doors installed between January 1, 2012 and December 31, 2013.
- The tax credit is an extension of the 2011 tax credit, which means all previous federal tax credits are a lifetime maximum credit. A homeowner who has already used up the $200 or $500 credit from the 2006/2007 and 2011 tax credit or the $1,500 tax credit from 2009/2010 is no longer eligible for this tax credit.
- A tax credit is a dollar-for-dollar reduction subtracted from your tax liability. Therefore, $500 can be subtracted directly from the amount of tax that is owed or added to a refund!
This summary information is provided as a convenience and may not be relied upon as a substitute for professional tax advice. Infinity disclaims all responsibility for determining whether a particular product qualifies for this or any other tax credit. All purchasers are advised to consult a professional tax advisor to determine whether the products they purchase qualify for the tax credit. More information is available at www.energystar.gov.