
IRS Tax
Credits available
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Home > The American Recovery and Reinvestment Act of 200
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Federal Tax Credits for Radiant Barrier & Reflective Bubble Insulation
UPDATE 1/26/10: All RadiantGUARD®
radiant barrier & reflective bubble insulation products are eligible for
tax credits under the American Recovery and Reinvestment Act of 2009.
Providing Consumers Tax Credits in 2009-2010 for Reflective Bubble
Insulation Purchased and
Installed in 2009-2010
The American Recovery and Reinvestment Act of 2009
On February 17, 2009, President Obama signed "The American Recovery and
Reinvestment Act of 2009" that made some significant changes to the existing
energy tax credits that apply to RadiantGUARD® radiant barrier & reflective bubble insulations. The highlights are:
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The tax credits that were previously effective for 2009, have been
extended to 2010 as well.
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The tax credit has been raised from 10% to 30%.
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The maximum credit has been raised from $500 to $1500 for the two year
period (2009-2010) for all improvements combined.
Radiant Barrier Tax Credit Summary:
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For a radiant barrier or reflective bubble insulation
product to qualify, its primary purpose must be to
insulate.
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Must be
"placed in service" from January 1, 2009 through December 31, 2010
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Installation costs
are not included.
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Must be for taxpayers principal residence
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Improvements made in 2009 will be claimed on your 2009 taxes (filed by
April 15, 2010) — use
IRS Tax
Form 5695 (2009 version) — it will be available late 2009 or early 2010
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For tax purposes, save your receipt and the
Manufacturer's Certification
Statement.
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Must be expected to last 5 years OR have a 2 year warranty.
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Installation costs are not included.
RadiantGUARD®
radiant barriers & reflective
bubble insulations are eligible for the 2009-2010
Tax Credit.
Download a copy of the
Manufacturer's Certification Statement and SAVE WITH YOUR TAX RECORDS if you
plan to obtain the tax credit. You do not need to submit this form to
the IRS with your tax form.
*Radiant GUARD strongly advises you to talk with your tax professional in determining actual
eligibility for tax credits.
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