President Obama recently signed the American Recovery and Reinvestment Tax Act of 2009. One of the many changes of this bill is to extend and modify available tax credits for windows, doors and skylights.The modifications effectively:
- extend the length of availability of the tax credits - through 2010
- triple the available limits - from $500.00 through $1500.00
- increase the available credit - to 30% of the total cost of the windows
As of February 17, 2009 tax credits are now eligible for new windows with a U-factor and solar heat gain coefficient of 0.30 or less.
[this information cannot be relied on for tax purposes... please contact a tax professional for your specific project]
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