Did you know there is still a Federal Energy Efficiency Tax Credit of $500 available through the end of 2013? Now you can save energy AND money on your taxes EcoSmart Insulating Shades with Energy Saving Sidetracks.
EcoSmart Insulating Shades with Energy Saving Sidetracks create a 4-sided seal to better insulate your home against the cold of winter and the heat of summer.
Our Sidetrack system is certified to qualify to earn a federal energy efficiency tax credit which means you can earn a tax credit for 10% of the cost of the EcoSmart Energy Saving Sidetrack system through 2013, up to a maximum of $500*.
How to Get your Tax Credit:
1. Insulate your home’s windows with EcoSmart Energy Saving Sidetracks between 1/1/13-12/31/13.
2. Keep your Gordon’s Window Decor order confirmation showing the cost of the system (installation charges and taxes are not eligible).
3. Gordon’s will provide you with a Manufacture’s Certification Statement which you will bring along with the order confirmation to your tax professional. It’s that easy!
*This tax credit expired at the end of 2011. The American Taxpayer Relief Act of 2012 retroactively renewed this tax credit effective January 1, 2012, expiring again on December 31, 2013. Any qualified equipment installed in 2012 or 2013 is eligible for this credit. As in previous years, the cumulative maximum amount of tax credit that can be claimed by a taxpayer in all years combined is $500. If a taxpayer has already claimed a tax credit of $500 for purchases made in any previous year, they are ineligible for additional tax credits for any new equipment purchases. It is recommended that you consult your tax advisor regarding your individual tax situation and your ability to claim this tax credit. The Energy Saving Sidetrack system is an Eligible Building Envelope Component and meets the requirements for the Non-business Energy Credit under Section 25C as amended by the Â the American Taxpayer Relief Act of 2012 of the internal revenue code. The Energy Saving Sidetrack system is specifically and primarily designed to reduce heat loss or gain in a house.
The Energy Saving Sidetrack system, when installed with light filtering double honeycomb fabric over double-pane glazing window, forms an assembly with a U-factor of less than 0.35 (R-value greater than 2.86). Independent testing has found the effective R-Values of the window shades with Energy Saving sidetracks were 2.5 to 3 TIMES higher than for the same shades without sidetracks!
Homeowners should consult their tax advisor or www.irs.gov to determine whether they qualify for income tax credits. To learn more about the Federal Tax Credits for Energy Efficiency, visit EnergyStar.gov.
The tax credit applies to the cost of the sidetrack system and does not apply to installation. Unlike a tax deduction which reduces the amount of income subject to tax, a tax credit directly reduces the amount of income tax you have to pay. Be sure to consult your tax advisor with further questions regarding the tax credit.