TAX CREDITS

Tax Credits and Utility Rebates
As a building or homeowner, your investment into window film pays off twice:
First, from the energy cost savings. And second, through tax credits and utility rebate opportunities.

Residential buildings
A provision in the "Fiscal Cliff" Legislation has created a tax credit opportunity for window films installed in residential structures in the United States.

Under the legislation, the qualifying credit is 10% of the film cost with a maximum total credit of $500. The new policy is retroactive to January 1, 2012 and expires December 31, 2013.

Money in your pocket

A tax credit directly reduces your income tax, unlike a deduction, which reduces the amount of income 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 10% credit on the costs of window film, up to $500. Installation charges do not apply.

Which window films qualify?

To figure out which window films qualify for your window type and specific climate zone, contact your local LLumar window film dealer. Alternately, you can consult the LLumar Window Film Qualifying Products Certification Statement that outlines which films, when installed with different window/frame types, qualify for climate zones defined by the International Energy Conservation Code. For more information, visit www.windowfilmtaxcredit.com.

Making window film tax credits simple

To take advantage of the window film tax credit, complete IRS form 5695 and file your Income Tax Return. Forms are downloadable at www.energystar.gov, along with a list of other available energy efficiency tax credits. Maintain copies of the dealer invoice and the manufacturer's certification statement for your records. Other Important Links: Energy Star Tax Credit Information IRS Form to Claim Tax Credits Climate Zones by State and County. Please consult your tax advisor regarding your eligibility with respect to any tax credit.

Find out what incentives are available in your state by visiting DSIREUSA.
Commercial buildings
As utility rates continue to rise, more and more utility rebates and tax incentives are becoming available to help commercial building owners save on energy costs. We use the Database of State Incentives for Renewables and Efficiency to stay up to date on “free” money offered in each state.

Find out what incentives are available in your state by visiting DSIREUSA.
Sources: http://www.llumar.com/tax-credit-for-energy-saving-window-film-llumar
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