Tax Credit Details for

Great Lakes Window Products

The American Recovery and Reinvestment Act of 2009 (part of the Economic Stimulus Plan) modifies and extends federal tax credits for ‘qualified energy improvements,’ which includes replacement windows and doors.   The new credits are for 30% of the cost of the eligible product up to an aggregate limit for $1,500 for tax years 2009 and 2010.

Qualifying replacement windows and/or patio doors must have both a U-Factor rating of .30 or lower and a Solar Heat Gain Coefficient (SHGC) rating of .30 or lower.   Homeowners should purchase and install Great Lakes Window products between January 1, 2009 and December 31, 2010.

  • Up to $1,500 maximum credit for windows for all taxable years.
  • Allowed only for amounts paid or incurred to purchase the window or door.
  • Not allowed for amounts paid for onsite preparation, assembly, original installation labor, other components or sales tax.
  • The purchase must be made during the taxable year for which the credit is claimed.

*The Energy Tax Credit information contained on this site is not complete or comprehensive.   For the entire scope of the information, please visit www.irs.gov .

Claiming your Tax Credit:

  1. Request an invoice demonstrating the cost breakout of the window or door components from your contractor.   This cost must exclude the cost of onsite preparation, assembly, original installation labor, other components or sales tax.
  1. Retain the ENERGY STAR/NFRC label from your qualified window or door.
  1. Keep the contractor invoice and NFRC labels with your tax files.   You are not required to provide this documentation to the IRC, but you will be required to present it if audited

 

*The above is the best available information and is a partial summary of the revisions to the federal tax code (U.S. Code Title 26, Section 25C) as updated by the American Recovery and Reinvestment Act of 2009. Taxpayers should check with the IRS regarding updates to the IRS interim guidance in Notice 2006-26 for further details on the tax credit. Other energy efficient improvements may apply; check the following link and the IRS website for more details http://www.irs.gov/newsroom/article/0,,id=154657,00.html . Great Lakes Window by Ply Gem bears no responsibility in the validation of obtaining the tax credit. Please consult with a professional tax advisor or the IRS. Great Lakes Window by Ply Gem expressly disclaims any responsibility for determining whether a particular product qualifies for the tax credit. Further, Great Lakes Window by Ply Gem does not intend to and is not providing legal or tax advice and recommends that purchasers consult their own tax advisor to determine whether the products they purchase qualify for the tax credit.