Federal Energy-Efficient Home Improvement Tax Credits
Posted on May 16, 2024Select LLumar window films are now eligible for Federal Energy-Efficient Home Improvement Tax Credits as part of the Inflation Reduction Act of 2022.
This law makes homeowners eligible for a tax credit of 30% of the cost of materials for certain window films installed between January 1, 2023 through December 31, 2032, up to a maximum of $600 in a given year.
The tax credit is a direct dollar for dollar credit, or reduction, in the amount of taxes you must pay, not just a deduction in taxable income. Some restrictions apply, based on the type of windows installed in your home and your home’s location. See details for Qualifying LLumar and Vista window films.
Also, see the IRS’s website for more details on eligible costs and other FAQs