Are New Windows a Tax Deduction?

Source: File My Taxes Online | Repost Fadely 1/12/2023 –

ARE NEW WINDOWS TAX DEDUCTIBLE?

New windows tax deduction

Yes, home improvements such as new replacement windows are a popular way for taxpayers to claim a tax credit and upgrade their homes in the process.

For new windows, it’s possible to get a tax deduction. The current tax credits for home improvements are expected to remain in their current form until 2032.

WHAT IS THE TAX CREDIT FOR WINDOW REPLACEMENT?

If you replaced your old windows with new energy-efficient windows, skylights, doors, or other qualifying items in 2022, you could be eligible to claim a windows tax credit of up to $600. Current energy tax credits for window replacement have been extended until December 31, 2032.

You’ll not only get money from the government for buying energy-efficient windows, but as part of an energy-saving program, your local utility provider might also provide additional rebates and incentives. Check with your energy provider to see whether they also offer rebates for energy-efficient windows since these programs often cover a wide range of products.

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