The Home Energy Tax Credit was restored retroactively for the 2017 tax year!
If you had new windows installed in 2017, you may be eligible for a tax credit on your return. Version 6.0 ENERGY STAR qualified windows are eligible for a 10% return on up to $200, excluding installation costs.
According to EnergyStar.gov:
A number of tax credits for residential energy efficiency that had expired at the end of 2016 were renewed. These tax credits are now available retroactive to purchases made through December 31, 2017. Products eligible for the tax credits that have earned the ENERGY STAR are independently certified to save energy, save money and protect the environment.
In addition to windows, ENERGY STAR certified doors and skylights also have a 10% credit, but those max out at $500. Note that the credit does not cover costs of installation. For additional information about 2017 energy property tax credits, visit this page on energystar.gov.
Use Your Tax Return to Improve Your Home
Many of our past customers have used their tax return to spruce up their homes for summer. Improving the curb appeal of your home with siding, a new door, or windows can give you the look you want while raising the value. Also, consider adding window and door accessories, like shutters or mantles. While you’re at it, why not update your patio area? Not only is this a good investment to make for your home, but it can be a lot of fun!
Try making your backyard a vacation destination–somewhere you want to spend time with family and friends, which will improve your life! It lasts longer than a week away from home; plus it will improve the value of your home and could result in future tax benefits.
Start by getting some at-home vacation inspiration: