Now there’s even more reason to improve your home’s energy efficiency with doors from Custom Door Shop. As part of the recent stimulus legislation (American Recovery and Reinvestment Act of 2009) residential and federal tax credits are now available through the 25c Non-Business Energy Property Tax Credit when you purchase qualifying doors from Custom Door Shop. While this tax credit is an extension of a 2007 program that required ENERGY STAR as the minimum performance, the requirements for qualifying products for 2009 have changed.
For related tax advice, please consult your tax advisor.
Eligibility
The doors must have a u-value and a Solar Heat Gain Coefficient (SHGC) equal to or less than .30 to qualify.
The products must be used to improve an existing home. This tax credit does not apply to new homes.
The doors must be placed in serviceˇ between January 1, 2009 through December 31, 2010. Placed in service is defined as when the property is ready and available for use.
The structure must be the taxpayers primary residence.
To view FAQs addressed on the Energy Star website, click here.
Credit Amounts
Receive a tax credit for 30% of the cost of qualifying products, excluding installation, up to $1,500.
Claiming the Tax Credit
Step 1: Purchase qualifying doors.
Step 2: Retain the receipts that show the cost of the qualifying products (without installation charges) and save each NFRC and/or Energy Star label on each door. Keep these with your tax materials.
Step 3: For doors, download our Manufacturer’s Certification Statement and keep it with your tax records. This statement is soon to come.
Step 4: Submit the claim with your taxes for the year the windows and/or doors were installed.
Step 5: Always consult your tax advisor.
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