Wrap up a 2009 Tax Credit with Insulation

Home Inspector with SafeHome Inspections

Want to save a couple of bucks and continue saving into the future? Take advantage of one of the many energy savings tax credits available this year from Uncle Sam.

Home improvement insulation tax credits are available...let's look at how you qualify.

The insulation's primary purpose must be to insulate. That means siding does not qualify, but a vapor retarder does.

A vapor retarder is a specially treated paper, thin plastic sheeting, or low permeance paint that prevents condensation of water vapor inside wall or ceiling materials. This trapped moisture can cause damage to the wallboard and paint as well as structural deterioration.

The product you use must be expected to last for at least 5 years or have a 2 year warranty. The cost of installation (your labor) cannot be included in the total. A manufacturer's Certification Statement is required. Remember, for tax purposes its a good idea that you save your receipt and the Manufacturer's Cert.

A Manufacturer’s Certification is a signed statement from the manufacturer certifying that the product or component qualifies for the tax credit. The IRS encourages manufacturers to provide these Certifications on their website to facilitate identification of qualified products. Taxpayers must keep a copy of the certification statement for their records, but do not have to submit a copy with their tax return.

You must insulate between Jan. 1 - Dec. 31, 2009 and use IRS Tax Form 5695 (version 2009) when filing for the credit.

How much of a tax credit do you receive? You'll get 10% of the cost of the insulation, up to $500.00.

For more information about saving energy and saving your hard earned dollars contact Gary N Smith toll free at 1-877-809-6139 or find him online: www.GaryNSmith.net

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Central MS Home Inspection Company

SafeHome Inspections




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I thought the nex tax credit for 2009 was 30% of materials and labor (if you paid a contracter to do it) up to a limit of $1500?  Am I wrong? Please reply to headbeep@msn.com

Mar 01, 2009 03:00 PM #1
Gary Smith

You are correct. When I posted this article the tax credit was not 30% and up to $1,500. Times they are a changing!

Mar 01, 2009 03:09 PM #2
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