Garage Door Residential Energy Credit

Many clopay insulated steel energy efficient garage doors qualify for the energy tax credit under the american recovery and reinvestment act of 2009.

Garage door residential energy credit.

The door must be used in your principal residence. Beginning in 2016 exterior doors exterior windows and skylights will only be eligible for the nonbusiness energy property credit if they meet or exceed. Last february the president passed the american recovery act of 2009. The credit for expenditures made for qualified fuel cell property is available for property placed in service through dec.

Your cost basis is 250 000 assuming you didn. Filing for the credit all renewable and energy efficient appliance credits are taken when you fill out irs form 5695. A tax credit isn t possible if the garage door is used on a rental or secondary residence. The credit for solar electric property and solar water heating property is extended for property placed in service through dec.

Yes the irs does not make a distinction according to where the exterior door is located house or garage. However according to the instructions for form 5695 residential energy credits. The credit for home insulation exterior doors certain roofing materials and exterior windows and skylights was just 10 of the cost. And because it is a tax credit and not just a tax deduction the homeowner will realize the full value in savings.