Federal Tax Credit
2013 Tax Credit For Energy Efficient Windows and Doors
Energy Tax Credit for Replacement Windows and Doors
In 2013, you can receive a tax credit when you purchase energy-efficient windows and doors. The ability to buy energy-efficient products and receive a Federal Tax Credit is available again with the renewing of The American Taxpayer Relief Act of 2012. Eligible windows and doors need to meet ENERGY STAR® requirements for their climate zone and be installed between January 1, 2012 and December 31, 2013.
1. Which windows and doors are eligible for the energy tax credit?
It’s very simple. All replacement windows and exterior doors that meet ENERGY STAR criteria are eligible. Patio doors are generally considered to be “exterior doors” so long as the opening allows a person to travel through it immediately into the home.
2. How much money can I save with the energy tax credit?
The energy tax credit is 10%, up to $200, for windows and 10%, up to $500, for exterior doors (including patio doors) through December 31, 2013. It is also retroactive and windows and patio doors installed in 2012 are eligible to receive the energy tax credit.
There is a lifetime credit cap of $500 for all Federal Tax Credit qualifying products, not just replacement windows and patio doors. If you have claimed less than $500 in Federal Tax Credits you are eligible to claim the difference—but not more than $500 total for your lifetime. Tax Credit does NOT include installation costs.
3. How do I claim my Federal Energy Tax Credit?
To get your tax credit, submit your Federal Tax Credit Claims with your 2012 and 2013 tax returns with IRS form 5695. Save for your records:
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Your receipts
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The Manufacturer’s Certification Statement
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The NFRC label which shows the U-Factor, Solar Heat Gain Coefficient and states your window or door meets ENERGY STAR guidelines for the region you live.
IRS guidance indicates that taxpayers are not required to attach the Manufacturer’s Certification Statement to their tax returns. Taxpayers should retain this certification as part of their tax records.
Visit www.energystar.gov/taxcredit for detailed information.
*Sound View Window & Door is not a legal or tax advisor. The above summary is not comprehensive and is not intended to substitute for the advice of a lawyer or professional tax advisor. Sound View expressly disclaims any responsibility for determining whether a window purchase will qualify for the energy tax credit or whether a purchaser will receive the energy tax credit. We recommend that consumers consult their tax advisors and review IRS guidance prior to purchasing any window product. For further details on the energy tax credit, check the IRS website.
Call us at 206-402-4229 for a free estimate on windows and doors for your home, or fill out the online form above.
Or stop by our showroom at 2626 15th Ave W, Seattle, WA 98119.
