The Tax Credit for Energy Efficient Windows, Doors and Skylights
2011 Tax Credit for Efficient Windows, Doors, and Skylights
Qualifying criteria:
- Improvements installed in 2011
- 10% of purchase price (not including installation cost)
- Maximum credit: $200 for windows and skylights, $500 for doors (overall credit limit for qualified energy-efficiency improvements: $500)
- Meet ENERGY STAR criteria for your climate zone
Homeowners can claim a tax credit for home energy efficiency upgrades made in 2011, including energy-efficient windows, doors and skylights.
What are the Qualifying Criteria?
To be eligible, components must have been installed by December 31, 2011, as the tax credit has not been extended into 2012. Windows, doors and skylights installed in 2011 qualify if they meet the ENERGY STAR criteria for your climate zone.
What is the Tax Credit Amount?
The tax credit is 10% of the purchase price of the installed windows, doors and skylights (excluding installation cost) up to a maximum of $500, of which up to $200 can be claimed for windows and skylights. If you have already claimed a tax credit for home energy efficiency improvements since 2006, it counts against the $500 limit. If, for example, you claimed a $300 credit for your 2007 taxes, you can only claim $200 for 2011.
The IRS form for requesting the home improvements tax credit is IRS Form 5695, which you will need to file with your taxes. Homeowners should keep any manufacturer certification statements with their records but are not required to submit them with their tax return.
Overall information on the tax credit
This document is not intended to constitute legal or tax advice. More comprehensive information on the 2009-10 tax credit is available in IRS Notice 2009-53. Individuals should consult their own independent tax advisers.
For more details on the tax credit for home energy efficiency improvements, view:
- The Alliance to Save Energy site: www.ase.org/content/article/detail/2654
- The ENERGY STAR site: www.energystar.gov/index.cfm?c=windows_doors.pr_taxcredits