Congress Renews Tax Credit for Home
Improvements
Consumers
eligible for tax incentive for purchasing energy-efficient windows
Greenbelt,
Md. October 21, 2008 – The National Fenestration Rating Council
(NFRC) has confirmed that Congress approved and President Bush
has signed legislation renewing home improvement tax credits for
consumers.
The
credits are obtainable only for home improvements completed January
1, 2009 through December 31, 2009. The
original credits expired December 31st, 2007, and no credits are
available for home improvements made during 2008.
The
home improvement credit program will work the same way it did
in 2007. Consumers can receive $200 credit for all qualifying
products (including windows and doors) installed during any one
taxable year. There is a $500 lifetime credit limit. All
credits must be requested before the end of 2009.
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