The tax credit for windows, doors and skylights is in effect for 2009 and 2010. The upgrade must be installed in your "principal residence" between January 1, 2009 and December 31, 2010. The credit will apply to 30% of the cost (not including installation/labor costs), up to $1,500. As always, consult with your CPA or accountant for specific details related to any tax program.
Details
January 1, 2009 to May 31, 2009, all ENERGY STAR qualified windows, doors, and skylights qualify, except for doors in several counties in California**.
June 1, 2009 to December 31, 2010, windows (and doors and skylights) must have a U-factor and Solar Heat Gain Coefficient (SHGC) less than or equal to 0.30.
You do not have to replace all the windows, doors or skylights in your home to qualify. Replacements and new additions qualify. Installing a new window where there wasn't one previously (like in an addition) would qualify.
Find qualified models
Refer to your contractor for qualified models. You can also find the U-factor and SHGC on the National Fenestration Rating Council (NFRC) label. NFRC is the only federally recognized organization for determining the energy performance of windows, doors and skylights. Please see the NFRC website for information concerning product performance.
How to apply:
File Tax Form 5695 with your tax return and you must have a Manufacturer’s Certification Statement to qualify.
Source: www.nfrc.org; www.energystar.gov
