In 2009-2010, you could lock out the cold with storm windows and storm doors and get up to $1,500 in tax credits Use IRS Form 5695 in 2011 to take this credit. This year’s credit, available only to those who didn’t take advantage of the 2009-2010 program, is a fraction of last year’s: For storm doors, up to a $500 credit. For storm windows, up to a $200 credit. Installation costs aren’t covered.
Tax credits limits and deadlines: 10% of expenditures, up to $500 for the year, for all energy improvements combined.Install the relevant doors and windows by Dec. 31, 2011.Save receipts and each manufacturer’s certification statement, which is used to find qualifying products. The official Energy Star site has posted new guidelines on what exactly is covered. It’s your safest bet for information on how to get the credit. Don’t rely solely on contractors who may not know the details or who promise their products will get the credit in order to make a sale. Click here to learn more.