Federal Tax Credit 2009

2009 Federal Tax Credit for Home Window Tinting

The 2009 American Recovery and Reinvestment Act reinstated federal tax cuts for consumers who make certain energy-efficient improvements to their home. For 2009, window-tinting film has been added to the list of improvements. Now anyone who has purchased qualifying solar control window film between Jan. 1 and Dec. 31, 2009 can receive a 2009 tax credit. For those who have not yet purchased film, they still have time. Purchase the product before Dec. 31, 2009 to receive a 2009 tax credit.

Tax Credit verses Tax Deduction

A tax credit is much more valuable than a tax deduction. Tax credits directly reduce your income tax, unlike a deduction, that reduces the amount of income that is 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 30 percent credit on the costs of window film, up to $1500.

Simple To Apply For

Simply complete the 2009 PDFversion of IRS form 5695 form and file with your 2009 Income Tax Returns by April 15, 2010. Forms are available for downloadable at www.energystar.gov or www.irs.gov, in addition to a list of other available energy efficiency tax credits. You should keep a copy of your original invoice for the window you had done on your home. This invoice should be broken down by cost for the installation and for the film. You will need this since the installation cost is not eligible for the tax credit. You will also need a copy of the manufacturer's certification statement which determines which products qualify based upon where you reside. Make sure you keep copies of both for your records.

Tinting Saves You Money

Energy efficiency window tinting films can lower your monthly energy cost. The heat gained in your home through windows that are not tinted can account for up to 40% of your utility bill. Solar window tinting films on the other hand can reduce this heat by up to 80%, which reduces your utility bill.

Additional Benefits of Window Tinting Films

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.

To Purchase Film

This 30% window film tax credit only applies to the cost of window film. It cannot be applied for the cost of labor to install the film.

Additionally, window films sold at Home Depot, Lowe's, or AutoZone do not qualify for the 2009 Tax Credit and are not tint brands that professional installers use or endorse.