Federal Tax Credits for Radiant Barrier & Reflective Bubble Insulation
For Purchases/Installations in 2012 through 2013
American Taxpayer Relief Act of 2012
On January 1st, 2013, Congress passed the American
Taxpayer Release Act of 2012 that was signed into law by President Barack
Obama on January 2nd.
Title IV Section 401 of this law extends IRS Section
25C(g) through December 31, 2013 for energy efficient tax credits pertaining
to the following RadiantGUARD® radiant barrier & reflective
bubble insulation products:
RadiantGUARD® ULTIMA-foil radiant barrier
RadiantGUARD® XTREME radiant barrier
RadiantGUARD® FOIL Bubble reflective insulation
RadiantGUARD® WHITE Bubble reflective insulation
Highlights of the tax credit are:
The tax credits covers product purchased and
installed January 1, 2012 through December 31, 2013.
The tax credit is for 10% up to a maximum of $500 for
year periods (2006, 2007, 2009, 2010, 2011, 2012, and 2013) for all improvements
combined (for example, if you have already claimed a 25c tax credit of
$500 or more, you would not be eligible to make a tax credit claim for
Radiant Barrier Tax Credit Summary:
For a radiant barrier or reflective bubble insulation
product to qualify, its primary purpose must be to
"placed in service" from January 1, 2012 through December
are not included.
Must be for taxpayers principal residence.
Improvements made in 2012 will be claimed on your 2012 taxes (filed by
April 15, 2013) — use
Form 5695 (2012 version)
For tax purposes, save your receipt and the
Statement for 2012-2013.
Must be expected to last 5 years OR have a 2 year warranty.
radiant barriers & reflective bubble insulations are eligible for this 2012-2013
Download a copy of the
Manufacturer's Certification Statement for 2012-2013 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.
Federal Tax Credit Definition
A federal TAX CREDIT is a full dollar-for-dollar
reduction in the amount of federal income taxes an individual owes as
opposed to a tax deduction which is only an expense subtracted from one's
adjusted gross income that is used to calculate taxes owed based on one's income
In other words, a tax credit is an amount taken off the
bottom line of taxes you owe.
For example, if you bought a RadiantGUARD®
radiant barrier or reflective bubble insulation product for a total purchase
price of $800, you can claim a tax credit of 10% of that $800 resulting in you
paying $80 LESS in federal income taxes.