Up to $1,500 Back on Your 2010 Return
Not only do Benchmark by Therma-Tru doors help save you money on energy costs, but now homeowners can get up to $1,500 cash back through The American Recovery and Reinvestment Act of 2009.
As part of this Economic Stimulus package, homeowners are eligible for a 30 percent tax credit on qualifying products used for energy-efficient home improvements made throughout 2009 to 2010.* Please visit www.energystar.gov/taxcredits for more information.
How do I qualify for the tax credit?
- Purchase and install a qualified Benchmark by Therma-Tru product from 01/01/09 through 12/31/10 (installation costs not eligible).*
- The product must be installed in taxpayer’s principal residence.
- Products must have both a U-Factor and Solar Heat Gain Coefficient (SHGC) of 0.30 or lower.
- For your own record keeping, save your sales receipt (showing the individual price of each qualifying product) and the manufacturer certification statement.
- Claim your tax credit for the year the home improvement was made.
How do I know which products qualify?
The charts below allow you to easily identify whether or not your product qualifies. The first is a simple matrix that outlines which Therma-Tru products qualify. The second chart contains each product’s specific U-Values and Solar Heat Gain Coefficients (SHGC). It should be noted that neither of these charts are required when filing for the tax credit. They are for your reference only.
Product Qualification Chart
Taxpayers should download a copy of the Manufacturer’s Certification Statement for their own personal records, but do not have to submit a copy with their tax return.
Manufacturer Certification Statement
Looking for more information?
To help homeowners better understand the energy tax credit and more quickly recoup up to $1,500, Therma-Tru has launched an educational microsite and YouTube video on MyEnergyTax.com. Through the microsite and video, Therma-Tru simplifies the tax credit, provides the tools needed to claim the credit and offers a frequently asked questions section so homeowners can easily find the answers they need. Visit MyEnergyTax.com. |
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*For products purchased between January 1, 2009 and February 16, 2009, the terms of the tax credit are less clear. The Internal Revenue Service will likely clarify these terms in guidance documents, which are expected to be released later this year.
Therma-Tru is not a legal or tax advisor. The above information is not comprehensive and is not intended to substitute for the advice of a lawyer or professional tax advisor. Therma-Tru expressly disclaims any responsibility for determining whether or not a door purchase will qualify for the energy tax credit or whether or not a purchaser will receive the tax credit. Therma-Tru recommends that consumers consult their tax advisors and review IRS guidelines prior to purchasing any door product. For further details on the energy tax credit, check the IRS Web site.