Can we apply these Tax Credits for Replacement Windows and Doors to our purchase?
Yes, replacement windows and doors from Zen Windows, headquartered in Columbus, OH are now eligible for these tax credits (extended into 2010). The Holy Grail arrived just in time for Christmas this year with the newly signed legislation that can give Homeowners up to a $1500 tax credit on replacement windows and replacement doors. This tax credit is unprecedented and allows the Homeowner the breathing room to finally remedy what usually is the leading source for energy costs - non-sealing windows and doors.
For example, replacement windows for an average home cost about five thousand dollars in the Columbus, Ohio market. After applying this tax credit, the total cost for these same replacement windows would be in the $3500 range. This tax credit can also be applied to doors, giving homeowners a 30% savings there as well. There has never been a better time to invest in replacement windows and doors and the energy savings accelerates the payback in about 1/3 of the time.
This piece of legislature was issued for 2009 and has been extended into to 2010. There is one key to receiving this tax credit. All replacement windows and doors must be compliant with the energy efficiency standards and codes issued by the government.
To receive this tax credit, homeowners need to retain the following pieces of documentation from their replacement windows/doors:
- Purchase receipt(s)
- Energy Star/National Fenestration Rating Council (NFRC) labels from all of your windows and/or doors
- Manufacturer's Certification Statement
The IRS suggests that these documents shouldn't be attached to the homeowner's tax return but rather filed safely as proof that your replacement windows/doors meet the Energy Star requirements for these tax credits.
And to make this decision even simpler, Zen Windows only uses Energy Star rated, tax credit compliant products.
To read more about these tax credits for replacement windows/doors, click on any of the following links:
ThermalProducts_NFRC_Values_Family.pdf
http://www.energy.gov/taxbreaks.htm
http://www.homefixcorporation.com/pdf/qr2009.pdf