In 2013, you can receive a tax credit when you purchase energy-efficient Simonton windows and doors. The ability to buy
energy-efficient products and receive a Federal Tax Credit is available
again with the renewing of The American Taxpayer Relief Act of 2012.
Eligible windows and doors need to meet ENERGY STAR® requirements for
their climate zone and be installed between January 1, 2012 and December
31, 2013. And thanks to Simonton, ordering ENERGY STAR® products is as easy as knowing where you live.
1. Which windows and doors are eligible for the energy tax credit?
It’s very simple. All replacement windows and exterior doors that meet ENERGY STAR criteria are eligible. Patio doors are generally considered to be “exterior doors” so long as the opening allows a person to travel through it immediately into the home.
Simonton Windows has developed regionally specific glass packages to meet ENERGY STAR requirements for the diverse climate zones across the country. These unique packages ensure your windows and doors qualify for the Federal Energy Tax Credit. To learn more visit www.simonton.com/energystar.
2. How much money can I save with the energy tax credit?
The energy tax credit is 10%, up to $200, for windows and 10%, up to $500, for exterior doors (including patio doors) through December 31, 2013. It is also retroactive and windows and patio doors installed in 2012 are eligible to receive the energy tax credit.
There is a lifetime credit cap of $500 for all Federal Tax Credit qualifying products, not just replacement windows and patio doors. If you have claimed less than $500 in Federal Tax Credits you are eligible to claim the difference—but not more than $500 total for your lifetime. Tax Credit does NOT include installation costs.
3. How do I claim my Federal Energy Tax Credit?
To get your tax credit, submit your Federal Tax Credit Claims with your 2012 and 2013 tax returns with IRS form 5695. Save for your records:
Your receipts
The Manufacturer's Certification Statement
The NFRC label which shows the U-Factor, Solar Heat Gain Coefficient
and states your window or door meets ENERGY STAR guidelines for the
region you live.
IRS guidance indicates that taxpayers are not required to attach the
Manufacturer's Certification Statement to their tax returns. Taxpayers
should retain this certification as part of their tax records.
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Visit www.energystar.gov/taxcredit for detailed information.
*Simonton
Building Products, Inc. is not a legal or tax advisor. The above
summary is not comprehensive and is not intended to substitute for the
advice of a lawyer or professional tax advisor. Simonton expressly
disclaims any responsibility for determining whether a window purchase
will qualify for the energy tax credit or whether a purchaser will
receive the energy tax credit. Simonton recommends that consumers
consult their tax advisors and review IRS guidance prior to purchasing
any window product. For further details on the energy tax credit, check
the IRS website.