Federal tax credits for a number of energy-efficient home improvements have been extended to cover the next couple of years. For garage doors, this includes certain garage door installations made during 2009 and 2010. The energy star tax credits for garage doors do not include the installation cost, but they do cover the cost of the garage door. You won't find the energy star label on garage doors as you would, for example, on window products. Instead, follow the guidelines below to know if your new garage door will qualify for a federal tax credit:
- Garage door purchases must be placed in service between January 1, 2009 through December 31, 2010.
- You can claim up to 30% of the garage door, with a maximum of $1,500 total. This $1,500 includes any other home improvement tax credits that you apply for in 2009 and 2010.For example, if you use $1,000 in tax credits for windows, then you only have another $500 which you can claim.
How to Identify an Eligible Garage Door
To be eligible for the tax credit, the purchased garage door must meet all of the following criteria:
- The door must be an insulated residential garage door.
- It must be installed on an insulated garage.
- The door must have a U-factor equal to or less than 0.30, even if the door contains glazing.
- If the door contains windows (glazing), the door must offer a Solar Heat Gain Coefficient (SHGC) equal to or less than 0.30.
- The door perimeter must have a means to control air infiltration.
- The door must be expected to remain in service for at least five years.
- The garage must be part of the taxpayer's principal US residence.
- Dealers should provide homeowners with a Manufacturer’s Certification statement and a breakdown of the material and labor costs.
Once you purchase your energy-efficient garage door, the next step is to find a professional garage door contractor to install it for you.