$1500 Window Replacement Tax Credit
Posted by quality on 17 Jan 2010 | Tagged as: Installing House Windows, Insulated Windows, Window Tax Credit
This year you can get a $1500 government tax credit when you replace your current house windows with energy efficient ones thanks to the 2009 Stimulus Bill that was recently passed.
The bill allows homeowners to deduct 30% of the cost of window replacement on their taxes up to a total of $1500. So if you want to qualify for the full $1500 credit you would have to spend at least $5000 on window replacement.
A lot of people have been asking which windows qualify for the $1500 tax credit. It is important to understand that not all windows qualify as energy efficient windows regardless of what it says on the box. To qualify the replacement windows need to have a 0.30 U-Factor(Value) or less AND a 0.30 SHGC (Solar Heat Gain Coefficient). This information should be listed on the sticker on the window, so be sure to review it carefully. The windows must be purchased and installed between December 31, 2008 and December 31, 2010. See an example window sticker here. (click on the image to see a larger one)

You will get this credit when you do your taxes for the year that you replaced your windows. Make sure to keep all receipts for the windows as well as receipts for the labor to install them. Having this documentation is very important in case you are audited.
Lets not forget that along with the credit from the IRS to install energy efficient windows, the energy savings alone over the life of the windows can add up significantly. As fuel costs rise, it only makes sense to start trying to mitigate the rising costs by making the necessary updates to your home.
