Home Improvement Tax Benefits

  • windows-tax-credit

    2016 Tax Credit for Windows and Doors: What You Should Know

    3/8/2016 9:47 AM

    Upgrading your old, drafty windows and doors improves the energy efficiency of your home.  You'll also enjoy the benefit of lower heating and cooling bills.  But did you also know that it can save

  • Tax Credit Changes for 2011

    2/8/2011 12:00 AM

      The federal government has changed the tax credit for energy efficient windows and doors enacted as part of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010.  The act was created to stimulate the economy, increase consumer spending, and improve the energy efficiency of the nation's homes. Signed into law December 17, 2010, the legislation establishes a $200 maximum tax credit for windows and a $500 maximum credit for exterior doors installed between January 1 and December 31, 2011.   There is a new lifetime limit of $500 in credits that a homeowner can claim from January 1, 2006 to December 31, 2011. This $500 limit is NOT on top of the $1,500 limit in 2009-2010. So if a homeowner has already reached or exceeded the $500 limit, they are no longer eligible to claim another credit in 2011. The $500 limit is also not just for windows, doors and skylights, but for any combination of all tax credit qualifying products, such as HVAC equipment, insulation or roofing.     Thompson Creek windows and doors exceed the goverment's minimum standards for energy efficiency and qualify for the tax credit as defined by Energy Star.    

  • 2011 Replacement Window Tax Credit

    12/22/2010 12:00 AM

    The  tax legislation that was released last week includes a reduced tax credit for windows, doors, and skylights, including a 10% tax credit of up to $200.00 for Energy Star windows and skylights and 10% credit up to $500.00 for Energy Star exterior doors. This reduction is due to a reluctance to continue the 25C tax credits made in the American Recovery and Reinvestment Act of 2009. Homeowners in Maryland, DC, and Virginia will be able to claim a 10% tax credit for installing energy efficient windows and doors.  Replacement windows will improve energy efficiency.  New Entry doors, French doors, and sliding glass doors will also improve energy efficiency and qualify for the new tax credit.   

  • Tax Credit for Replacement Windows

    10/21/2010 12:00 AM

    You’ve been hearing about it everywhere. The federal government is offering tax credits to homeowners who replace their old windows.  But do your homework – not every window qualifies.  “The American Recovery and Reinvestment Act” allows you to claim up to $1,500 on your tax return for replacing your windows with energy-efficient windows.  The replacement windows must have a U-factor of 0.30 or less.  U-factor measures how well a window prevents heat from escaping from your home.  To qualify for the tax credit, the window must also have a Solar Heat Gain Coefficient (SHGC) of 0.30 or lower.  The lower a window's SHGC, the less solar heat it transmits.  All of Thompson Creek’s replacement windows exceed these minimum requirements, and are manufactured, installed and serviced locally from our factory in Landover, Maryland. The tax credit is 30% of the amount paid, up to $1,500.  The tax credit is for the cost of the windows only and does not include installation costs. To claim your credit, your replacement windows must be placed in service by December 31, 2010.  You have to include your receipt and the window performance certification with your 2010 tax return documents. 

  • Tax Credit for Replacement Windows

    9/20/2010 12:00 AM

    You’ve been hearing about it everywhere. The federal government is offering tax credits to homeowners who replace their old windows.  But do your homework – not every window qualifies. “The American Recovery and Reinvestment Act” allows you to claim up to $1,500 on your tax return for replacing your windows with energy-efficient windows – those that achieve ENERGY STAR certification and meet minimum efficiency requirements.  All of Thompson Creek’s replacement windows exceed these minimum requirements, and are manufactured, installed and serviced locally from our factory in Landover, Maryland. But time is running out. Your energy-efficient replacement windows must be INSTALLED by the end of this year to claim the tax credit, which is 30% of the amount paid for the replacement windows, up to $1,500. So don’t put it off any longer – contact Thompson Creek and schedule your free in-home consultation.

  • Replacement Window Tax Credit - Time Running Out

    9/1/2010 12:00 AM

    You’ve been hearing about it everywhere. The federal government is offering tax credits to homeowners who replace their old windows.  But do your homework – not every window qualifies. “The American Recovery and Reinvestment Act” allows you to claim up to $1,500 on your tax return for replacing your windows with energy-efficient windows – those that achieve ENERGY STAR certification and meet minimum efficiency requirements.  All of Thompson Creek’s replacement windows exceed these minimum requirements, and are manufactured, installed and serviced locally from our factory in Landover, Maryland. But time is running out. Your energy-efficient replacement windows must be INSTALLED by the end of this year to claim the tax credit, which is 30% of the amount paid for the replacement windows, up to $1,500. So don’t put it off any longer – contact Thompson Creek and schedule your free in-home consultation.

  • Do Replacement Windows Pay for Themselves?

    8/18/2010 12:00 AM

    Your home is most likely your largest investment.  Right now is a great time to consider replacing the old inefficient windows in your home.  According to a recent study titled Cost vs. Value by Remodeling magazine, homeowners in the Washington, DC, area that install vinyl replacement windows will recoup 88.2% of their investment when they sell their home.  The research for this report comes from the National Association of Realtors, and HomeTech Information Systems.  There is currently a federal tax credit, available to homeowners until the end of the year, for 30% of the window purchase for qualifying replacement windows. The credit is capped at $1500. So, according to the Cost report, if you spend $9,000 on vinyl replacement windows this year, you can expect to recoup $7,938 of your investment when you sell your home.  Additionally, you can receive a tax credit of $1,500 on this purchase.  Currently, the $9,000 price of the windows will only cost you $7,500 after you receive your tax credit thanks to the American Recovery and Reinvestment Act of 2009.   Cost vs. Value reports this investment will be worth $7,938 when you sell your home. Top this off with the energy savings you will receive on your utility bills all year long, and vinyl replacement windows are a sound investment.  Add in the comfort you get when you reduce drafts in your home. Replacement windows will also help to minimize temperature fluctuations as you move from room to room. All of these factors make right now the best time to install new windows and improve the energy efficiency of your home, as well as your comfort.      

  • Good Value

    8/16/2010 12:00 AM

    John E from Arlington, VA contacted Thompson Creek to replace the original windows in his home.  His old windows were not energy efficient and he contacted us for a free window upgrade assessment.  John replaced all of the windows in his Arlington home with new Thompson Creek windows.  By doing this, he was able to take advantage of the $1,500 tax credit for installing energy efficient windows.  When asked where he was most satisfied, John replied “The quality of the windows and the price and we also liked the fact that the windows were manufactured, installed and serviced by employees of the company, not a third party. The company is a family business that has been around for over thirty years.”  The reason he chose Thompson Creek was because “It appeared to be a good value compared to other products and it was one stop shopping. Also, the turnaround was very quick enabling me to get the tax credit for 2009.”

  • Tax Credit for Replacement Windows

    7/19/2010 12:00 AM

    You’ve been hearing about it everywhere. The federal government is offering tax credits to homeowners who replace their old windows.  But do your homework – not every window qualifies.   “The American Recovery and Reinvestment Act” allows you to claim up to $1,500 on your tax return for replacing your windows with energy-efficient windows – those that achieve ENERGY STAR certification and meet minimum efficiency requirements.  The replacement windows must have a U-factor of 0.30 or less.  U-factor measures how well a window prevents heat from escaping from your home.  To qualify for the tax credit, the window must also have a Solar Heat Gain Coefficient (SHGC) of 0.30 or lower.  The lower a window's SHGC, the less solar heat it transmits.  All of Thompson Creek’s replacement windows exceed these minimum requirements, and are manufactured, installed and serviced locally from our factory in Landover, Maryland.   The tax credit is 30% of the amount paid, up to $1,500.  The tax credit is for the cost of the windows only and does not include installation costs.   To claim your full credit, you must purchase and install your replacement windows by December 31, 2010.  You have to include your receipt and the window performance certification with your 2010 tax return documents. 

  • Guarantee your Window Tax Credit Today!

    7/8/2010 5:21 PM

      Now is the best time to buy energy efficient replacement windows in Maryland, DC and Virginia.  Last year, the window industry quickly filled up their appointment books late in the year as people rushed to have their energy efficient replacement windows installed in order to claim the $1,500 window tax credit.  Please note that your new energy efficient replacement windows must be INSTALLED by December 31, 2010 in order to claim the tax credit for the tax year 2010.  Simply putting a deposit on energy efficient replacement windows prior to December 31, 2010 will not qualify you for the window tax credit.  Your replacement windows need to be installed in your home by this date. Many people found that window companies in Maryland, Virginia, and Washington, DC weren’t able to get them in on time.  Request a free no obligation price quote today and beat the year end rush to claim your window tax credit for this year. Thompson Creek Window Company provides its' customers with everything they need to apply for this tax credit.