While the tax credit made available to homeowners as part of the government American Recovery and Reinvestment Act ("Energy Tax Credit") expired on December 31, 2010, you may still qualify for a consumer tax credit of up to $500.00. If you purchase Energy Star qualifying windows and doors from Regency and have them installed before the end of 2011, the government is offering a tax credit for 10% of the cost the windows (up to $200) and doors (up to an additional $300). Following are further details about the tax credit:
Regency has made it easy to buy qualifying vinyl windows and claim the tax credit:
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Meet with a Regency window expert to discuss your window and entry door needs.
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Purchase qualifying Regency Windows and Doors and have them installed between before December 31, 2011 in your principal residence.
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Save your contract information and window stickers/manufacturer's certification for your 2011 tax records.
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You will need to file IRS Form 5695 for the 2011 tax year to claim the credit.*
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A Regency In-Home planner will explain the process in detail.
$500 Energy Tax Credit FAQs
1. What windows and doors are eligible for the credit?
Windows and doors need to be ENERGY STAR qualified. Regency offers a wide selection of windows and doors that are eligible for the credit.
2. How much is the tax credit?
The tax credit is 10% of your window and door purchase (not including labor or materials for installation), up to $500. The maximum credit available for windows is capped at $200. The Maximum credit available for doors is $300. Other home energy improvements may also be eligible for the tax credit. There are other limitations so please consult your tax professional to determine if you are able to claim all or part of this tax credit.
3. Where can I go to get more information on the tax credits?
You can find more information about the energy tax credits and product requirements at http://www.energystar.gov/index.cfm?c=products.pr_tax_credits. You may also read more information about the American Recovery and Reinvestment Act of 2009 at www.recovery.gov. The IRS will update information at www.irs.gov.
* Tax credit is 10% of the cost of the windows and/or exterior doors only (not including labor or materials), up to $500 for eligible products installed in 2011. Regency Windows Co. will identify tax credit eligible windows and doors. We advise you to contact a tax professional for further guidance regarding any potential tax credits or deductions relating to this purchase.
The information above represents the best information currently available. You should always contact an accountant or other tax professional for advice related to the specific tax benefits and your ability to make a claim.
