HVI IS YOUR PARTNER IN RECEIVING THE MAXIMUM TAX CREDIT FOR QUALIFIED WINDOWS, ROOFING AND DOORS
SEC. 1121. EXTENSION AND MODIFICATION OF CREDIT FOR NONBUSINESS ENERGY PROPERTY
Bill Language
Allowance of Credit.--In the case of an individual, there shall be allowed as a credit against the tax imposed by this chapter for the taxable year an amount equal to 30 percent of the sum of: (1) the amount paid or incurred by the taxpayer during such taxable year for qualified energy efficiency improvements, and (2) the amount of the residential energy property expenditures paid or incurred by the taxpayer during such taxable year.
Limitations
The aggregate amount of the credits allowed under this section for taxable years beginning in 2009 and 2010 with respect to any taxpayer shall not exceed $1,500.
Qualifications for Exterior Windows and Doors
The component must be equal to or below a U factor of 0.30 and SHGC of 0.30.
Qualifications for Roofing Materials
Check manufacturer's website for certification statements. There are certain shingles on the market that do qualify for up to a $1500 tax credit. Not all shingles qualify.
Qualifications for Vinyl Siding or Insulated Vinyl Siding
These products do not qualify for any tax credit program currently offered by the Federal Government.