New Windows Tax Deduction for 2010, 2011
Okay, here are some of the rules for deducting the cost of your new energy efficient windows. I’ll start with what you can deduct. You can deduct 30% of the cost up to $1,500. The new windows must be installed in your principal residence not your second home or vacation cottage.
New windows, doors, or skylights must have a U-factor. The U-factor measures the heat factor through a window and tells you how well the product insulates. They must also have a Solar Heat Gain Coefficient (SHGC) less than or equal to 0.30. This tells you how well the window blocks heat from sunlight.
Learn More Here: http://harborfi.typepad.com/tax/got-a-question-turbotax-i.html
New windows, doors, or skylights must have a U-factor. The U-factor measures the heat factor through a window and tells you how well the product insulates. They must also have a Solar Heat Gain Coefficient (SHGC) less than or equal to 0.30. This tells you how well the window blocks heat from sunlight.
Learn More Here: http://harborfi.typepad.com/tax/got-a-question-turbotax-i.html
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| Categories: | New Windows Tax Deduction |
| Added: | on Jan 20, 2010 |
| Added By: | seanshepard34 |
| Searches: | window tax deduction heat cost |
