Energy Tax Credit up to $1,500 Now Available!

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

Details of the Tax Credit

• The tax credit is based on 30% of the cost of the product cost of replacement windows and doors, up to $1,500. For example, a purchase price totaling $5,000 of qualifying products will receive the maximum tax credit of $1,500.
• Not all products in the project are required to meet a 0.30 U-value and 0.30 SHGC. Therefore, $5,000 of product that does qualify can be used with product that does not, yet the homeowner receives the maximum rebate.
• The credit is available on projects completed in 2009 and 2010 for a total of $1,500 over the two-year period.
• The credit applies to the homeowner’s principal residence only.
• 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 tax refund.
  Improvements made in 2009 can be claimed on the homeowner’s 2009 taxes (filed by April 15, 2010).

For more information, contact your California Craftsman representative who is available to help you choose the best door and window products to suit your needs.

This summary information is provided as a convenience and may not be relied upon as a substitute for professional tax advice. California Craftsman 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/taxcredit