Plantation shutters are a popular home improvement choice, offering both aesthetic appeal and energy-saving benefits. Did you know that some shutters might also qualify for federal tax credits? This FAQ section provides valuable insights into how you can potentially earn a tax credit for plantation shutters, the types of products that qualify, and the necessary steps for filing. Read on to learn more about these energy-efficient upgrades and how they could save you money on your taxes.
Tax Credit FAQ
- Home
- Tax Credit FAQs
Tax Credits For Plantation Shutters
Yes, homeowners can apply for a tax credit prior to the installation of certain plantation shutters. The IRS Form 5695 Residential Energy Credit (Part II) offers tax credits for windows and skylights for 30% of product cost, up to $600 annually.
Qualifying products include insulating shades and shutters. This is a part of a $1,200 annual tax credit covering a variety of residential energy improvements.
As always, verify tax credit information with the IRS. This potential Windows & Skylight tax credit is valid until 2032. Manufacturer’s Certification documentation is required to submit Form 5695. Please contact the manufacturer for the availability of their IRS Form 5895 certificates. Not all manufacturers participate.