How to Tint Home Windows for a Tax Credit

Oil prices continue to rise and energy prices are soaring. So the federal government is stepping in to help. Uncle Sam is offering tax breaks on a variety of energy saving techniques. One of the most common is a tax break for owning a hybrid vehicle. But another perk is a tax credit for tinting your home windows.

Difficulty: Easy

Instructions

1. Find solar control window film. This is what you'll use to tint your home windows and it's available at most home improvement stores.

2. Check the product package to see if the solar control window film is approved for the tax break. You might also visit the company's website to verify the tax credit. When you file your taxes, you'll need verification from the manufacturer that this product is tax deductible. That information should be available on the website or inside the packaging.

3. Pick your product. Tax approved window tints come in different price ranges and they're not all suitable for each window. Determine how much you want to spend and make sure you get a window film that will work for your needs.

4. Keep your original invoice. You'll need this when you file your taxes. You don't have to mail this in to the IRS, but you will need it in case you ever need to show proof.

5. File your taxes. Submit IRS Form 5695 to claim your window tinting tax credit.

6. Enjoy your tax credit. A homeowner gets a 10% tax savings on the cost of the solar control window film, up to $500. And that $500 includes all energy efficient upgrades you made to your home. Installation is not included in the tax break; only the cost of the window film is.

7. Lower your energy bill. When you tint your home windows you save 30% to 50% on your home energy costs. That's quite a savings and you don't have to wait until tax time to enjoy it.