Federal Tax Credit Extended For Home Window Films Installed in 2021

Federal Tax Credit of $500.00 Announced For Home Window Films - Home Window Film Information

Great News! The Home Window Film Federal Tax Credit Continues for 2021

Please Note: This information has been updated and the latest information can be found by clicking HERE.

It was announced that a federal tax credit is still available for residential energy efficiency upgrades that include window film. IRS Form Instructions read as follows:

The tax form reads as follows regarding the program.

You may be able to take a credit equal to the sum of:

  1. 10% of the amount paid or incurred for qualified energy efficiency improvements installed during 2020, and
  2. Any residential energy property costs paid or incurred in 2020.

However, this credit is limited as follows.

  • A total combined credit limit of $500 for all tax years after 2005.

The part that spells out window films inclusion reads as follows;

Qualified energy efficiency improvements.

Qualified energy efficiency improvements are the following building envelope components installed on or in your main home that you owned during 2020 located in the United States if the original use of the component begins with you, the component can be expected to remain in use at least 5 years, and the component meets certain energy standards.

  • Any insulation material or system that is specifically and primarily designed to reduce heat loss or gain of a home when installed in or on such a home.

To learn more information about this credit, click HERE. The form you will need for this tax credit is IRS Form 5695. You can get a copy of it by clicking HERE.

*Please Note: We are not accountants or tax experts. Please confer with the person that does your taxes about this federal tax credit and your ability to qualify.*

I hope that this information helps you to be able to take advantage of this program and improve the energy efficiency of your home. If you determine that you qualify and would like to move forward with getting a quote on home window film, contact a local Window Film Pro at the link below:

Find A Window Film Pro in Your Area

Share this post with your friends