1) Purchase windows that meet the following requirements: U factor less than or equal to 0.30; SHGC less than or equal to 0.30. I’m not going to try and explain this, just make sure that you ask for windows that meet these specifications. Otherwise, you won’t qualify for the rebate.

2) Have the windows installed between January 1, 2010 and December 31, 2010.

3) Claim the tax credit on your 2010 income tax statement. Click here for the form instructions. It is a Federal Rebate, so it works in any state (for example, Alabama, Texas, etc).

4) Remember that this is a tax credit, and will not be refunded to you. In other words, if you don’t owe any money in taxes, this program does not mean the government will pay you more money on your tax rebate. But, if you owe money in taxes, then 30% of the cost of your windows will count as paying taxes. So, you would owe less taxes and therefore get a rebate (perhaps – ask your tax preparer).

5) This can only be done on your principal residence. So, you rental property gurus out there cannot get a tax credit for windows replaced in your rental properties.

As a Christian who cares about God’s Creation, the environment, I applaud any efforts to save resources and lower emissions – especially while improving the appearance of your home!! Follow these instructions and the cost of those new windows will be much less than you thought!

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