What are the tax credits available on windows and doors in 2011?

Minnesota Exteriors was able to assist many homeowners looking to make use of the Federal Tax Credits available in 2009 and 2010 on energy-efficient home improvements.  The tax credit allowed homeowners up to $1500 when they replaced their old windows and doors.  However, the government has made significant changes to the credit that puts a lower limit on what homeowners will be able to take as a credit.  It is important for homeowners to know what is still available to them for improvements made in 2011.  They should also be aware that if they utilized the previous credit they will be unable to take advantage of the updated credit.

The new credit has different maximums on windows and doors but some of the factors are the same.  The windows and exterior doors must meet the requirements for the ENERGY STAR rating.  In both cases the credit only applies to the cost of the product and does not include installation costs.  The tax credit is for up to 10% of the amount paid with the following maximums:

  1. The tax credit maximum is $500 total for all improvements.  This includes windows, doors, roofs, HVAC, water heaters and insulation. 
  2. The maximum credit on qualifying windows is $200.
  3. The maximum credit on qualifying doors is $500.
  4. If you replace both windows and doors the total maximum is $500 and only $200 of the credit may be from a window purchase. 

Minnesota Exteriors has a variety of windows and doors available to homeowners that qualify for the 2011 credits.  These products include vinyl windows, wood windows, aluminum clad windows, patio doors and entry doors. 

In order to qualify for the credit homeowners must:

  1. Purchase and install qualifying windows and doors beginning January 1, 2011 through December 31, 2011.
  2. Save you invoice, Manufacturer’s Certification Statement and NFRC ratings from your windows and doors.  Your contractor should assist you with gathering this information.
  3. Claim the tax credit associated with your purchase on your Federal filing in 2011.

For more information you can visit www.energystar.gov.