Earn Home Improvement Tax Credits When You Replace Your Windows

Hand putting a one hundred dollar bill into a pink piggy bank

As a homeowner, you’re likely looking for ways to improve your home’s energy efficiency while also making wise financial decisions. One option that often gets overlooked is the potential for tax credits when you invest in energy-efficient home improvements.

Thanks to the Inflation Reduction Act, homeowners can now save big by investing in energy-efficient replacement windows.

What Are the Available Tax Credits for Window Replacement?

Replacing your windows with energy-efficient alternatives enhances the comfort and aesthetic appeal of your home and can lead to additional long-term savings. The Inflation Reduction Act offers valuable tax credits to incentivize homeowners to make energy-efficient improvements.

To qualify, your windows must meet specific efficiency criteria, and it’s essential to ensure you’re eligible for these credits. The credits can cover a portion of the cost of upgrading your windows, making it more affordable than you might think.

For new windows installed between Jan. 1, 2023, and Jan. 1, 2033, homeowners can earn a home energy tax credit of 30% of the cost of the new windows, up to a maximum of $600.

To qualify for the tax credit, the specific criteria that must be met includes:

  • ENERGY STAR® certification: Windows must meet or exceed stringent energy efficiency guidelines set by the Environmental Protection Agency.
  • Primary residence: The tax credits are available for improvements made to your primary residence, and it must be an existing building. New construction and rentals don’t apply.

How Do You Claim an Energy Tax Credit?

Claiming energy tax credits for your window replacement project is relatively straightforward. When you file your annual taxes, you’ll need to complete the IRS form 5695 on Residential Energy Credits, and provide documentation of your eligible expenses. You’ll need to keep records of your window purchase, installation, and relevant product information, including their efficiency ratings.

You might also want to consult a tax professional or accountant knowledgeable about energy tax credits to ensure you maximize your savings and navigate the process correctly.

Schedule Whole-Home Window Replacement

As you become aware of the potential tax credits for energy-efficient window replacements, you can contact Zen Windows St. Louis to discuss replacement windows for your home. Our process is hassle-free, and we source the best-quality window products that meet the ENERGY STAR criteria for tax credits.

Working with Zen Windows also means:

  • No money down: We don’t require any payment until your window replacement project is complete and you’re satisfied with the results.
  • No high-pressure sales: Our team believes in providing accurate information and a transparent quote without resorting to high-pressure sales tactics.
  • Quick and easy process: With Zen Windows St. Louis, you can expect a streamlined process and stress-free experience.

Call (314) 399-0856 to begin your hassle-free window replacement quote.