Write off up to $1500 for a New Garage Door
Posted on October 28, 2009
Filed Under Tax Credits | Leave a Comment
New garage doors are now part of the credit from the federal government in an effort to encourage people to have more efficient homes. There are several things you will need to know if you are interested in finding out about how this program works.
The President passed an enormous stimulus package in early 2009 to try to get the economy moving. Part of the bill gave out tax credits for any home owner who made their home more energy efficient. Luckily for anyone looking for a new garage door, you can easily be qualified. This article should help you understand how this will apply to you.
This tax credit is available for anyone who purchases a qualified garage door between the beginnings of 2009 to the end of 2010. A home owner is limited to writing off up to 30% of the cost of the garage door with a maximum deduction of $1500.
In order to be eligible for the tax credit the door must be for a home, and must go on to a garage that is already insulated.
The installation quality or U-factor has to be no more than 0.30. All professional dealers should be able to provide you with the correct models.
The door also must feature an air tight system around the base of the garage door. Must garage doors with a .30 or less U Factor will have this function.
The credit also is only eligible for garage doors that are expected to be in place and for use for 5 years or more.
The garage also must be the garage, or one of the garages at your primary residence.
There are many benefits to installing a new garage door. Having a poorly insulated garage door will mean that during the cold season your warm air can escape, and in the hot month your cool air will escape. A new garage door will increase the appearance of your home, help lower your monthly heating and cooling bills, and now make you eligible for a $1500 tax credit.
Want to find out more about tax credits for aGarage Doors tax credit, then visit Matthew Zivkovic”s site on how to choose the best Florida Garage Door Company for your needs.
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