Federal Tax Credit on Window Film Benefits Residential Homeowners Published On July 4, 2023.
The recent Inflation Reduction Act of 2023 offers good news for homeowners by providing several tax incentives, including a tax credit on window film installation. Under the Inflation Reduction Act, residential homeowners who install window film on their homes may qualify for a tax credit. Designed to be an incentive to encourage homeowners to invest in energy-saving products like UV protective and infrared deflecting window film to help reduce their carbon footprint in efforts for a more sustainable future. Download Form Download Form 5695 (PDF) Download Cert (PDF)
Download IRS Form 5695 (PDF)
Download XPEL Manufacturer’s Certification (PDF)
How It Works: According to the policy, homeowners can claim a tax credit to cover up to 30% of the cost of installing window film on their homes up to $1,200. If you spend $3,000 on window film installation, you could be eligible for a tax credit of $900. However, it's important to note that the tax credit applies only to qualified window film installations that meet specific energy efficiency criteria, like XPEL.
Benefits Of Installing Window Film On Your Home
Window film offers a range of benefits, from enhancing privacy to energy savings. Here are some key advantages of installing XPEL window film in your home:
Energy Efficiency: Window film acts as a thermal barrier, reducing the amount of heat coming in through the windows. This helps minimize the need for excess heating or cooling. As a result, quality window film can help lower your energy consumption and utility bills.
Better UV Protection: XPEL window film blocks up to 99% of ultraviolet UV rays harmful to safeguard your skin against UV radiation, in addition to protecting your furniture, flooring, and other valuables against fading or discoloration caused by sun exposure.
Reducing Sun Glare: Sun glare can ruin the atmosphere of a room. Window film reduces glare from sunlight, which enhances visibility and creates a more comfortable living environment. A benefit if you're working on your computer, watching TV, or simply relaxing.
Improving Privacy and Security: Certain types of window film offer enhanced privacy by preventing outsiders from seeing inside your home. Additionally, window film can strengthen the glass, making it more resistant to shattering and improving overall security.
To Invest In Window Film with the Inflation Reduction Act of 2023, residential homeowners have an excellent opportunity to enhance their homes' interior comfort and privacy with high-quality window film. XPEL will be at the forefront with specialty window films catering to specific needs.
For our most popular films with specs and pricing please visit https://tintmanfl.com/home-office.html