Radiant Barrier Tax Credit Information
Updated 1/27/2010
Federal Tax Credits for Energy Efficiency Improvements under The American Recovery and Reinvestment Act of 2009
On February 17, 2009, The American Recovery and Reinvestment Act of 2009 was signed. This has some significant changes to the energy efficiency tax credits.
Do Radiant Barriers Qualify? YES!!
- The new allowance has been rasied from 10% to 30% rebate for the cost of materials only. Labor costs do not qualify for the rebate. The maximum credit has been raised from $500 to $1,500 for the two year period for all combined improvements.
- The product must be "Placed In Service" between January 1, 2009 and December 31, 2010
- Tax Credit can only be used for the taxpayers primary residence.
- The improvment or product must be expected to last at least 5 years or have a 2 year warranty
How To Get Your TAX CREDIT.
- Print your receipt either from your order confirmation screen or the confirmation email you receive after placing your order.
- Download IRS Tax Form 5695 to file with your tax return.
- Download the Manufacturer's Certification Certificate
- Keep this certificate and purchase receipt with your other "supporting records" for your tax return. You DO NOT have to send in the Manufacturer's Certification Certificate or Purchase Receipt with your tax return. ONLY send the IRS Form 5695.
- AtticFoil.com recommends consulting your tax professional regarding eligibility of tax credits.