How to Secure Your Energy Efficiency Tax Credit

When you want to claim the Energy Efficient Home Improvement Credit on your taxes, you should follow these steps to work with the manufacturer and ensure you have the necessary documentation:

1. Confirm Eligibility of Products

Make sure the products installed in your home qualify for the credit, such as energy-efficient windows, insulation, or HVAC systems. Ask the manufacturer to confirm whether their products meet the required energy efficiency standards.

2. Request the Product Identification Number (PIN)

Ask the manufacturer for the qualified product identification number (PIN) assigned to each eligible product. This PIN is needed to verify that the product qualifies for the credit and must be included when you file your taxes.

3. Obtain Certification or Documentation

Request a certificate or other documentation from the manufacturer that proves the product qualifies for the credit. This may be a certificate stating the product meets IRS energy standards or a label with the PIN.

4. Ensure Proper Labeling

Verify that the products are labeled with the PIN, as required by the IRS. This is necessary to ensure the products qualify for the credit when you file your taxes.

5. Keep Records of Purchase and Installation

Retain copies of your purchase receipts, installation documentation, and any correspondence with the manufacturer confirming the product's eligibility for the credit.

6. Claim the Credit on Your Tax Return

When filing your taxes, use IRS Form 5695 (Residential Energy Credits) to claim the credit. The form will ask for details about the qualified products, including the PIN. You may also need to submit the manufacturer's certification or PIN documentation.