2009
Tax Credit for Window Film
A provision in the recent American
Recovery and Reinvestment Tax Act of 2009 (ARRA) has
significantly changed the existing tax credit opportunity for
window films installed in residential structures. Under the
new policy, qualifying credit has effectively tripled from 10%
to 30% of film cost with a maximum total credit of $1,500, up
from the previous cap of $500. The new policy goes into effect
retroactively from January 1, 2009 through to December 31st of
2010.
Money in Your Pocket
A tax credit directly reduces your income tax unlike a deduction, which reduces
the amount of income subject to tax. The credit then directly increases the tax
refund you receive or decreases the amount you have to pay. Homeowners can receive
a 10 percent credit on the costs of window film, up to $500. Installation charges
do not apply.
Making it Simple
Complete IRS form 5695 and file 2009 Income Tax Returns by April 15,
2010. Forms
are downloadable at www.energystar.gov
along with a list of other available energy
efficiency tax credits. Maintain copies of the dealer invoice and the manufacturer's
certification statement for your records.
Two Ways to Save Money
Energy efficiency can lower your federal tax bill and your monthly energy bill.
Heat gained through windows makes up to 40 percent of your summer utility bill.
Solar control window film reduces heat gain by 80 percent, which helps lower energy
consumption. One study showed an average summer cooling cost savings of $99.
Other Benefits of Window Film
In addition to money savings, window film can increase indoor comfort, reduce
fading of your home furnishings, and protect your family against harmful UV rays.
Window film is also energy efficient. According to the Alliance to Save Energy,
energy efficiency is the quickest, cheapest, and cleanest way to extend our world's
energy supplies.
Qualifying
Products
Other
Important Links
- EnergyStar
Tax Credit Information
- EnergyStar
Tax Credit FAQs
- IRS
Form to Claim Tax Credits
- Climate
Zones by State & County
To Purchase Film
For more information from Southern State Window Tinting, fill out our quick
form by clicking here.
window tinting with over 33 years experience



