Energy Guide

Guide to receive your tax credit
Background:
On October 3, 2008, President George W. Bush signed, into
law, the Emergency Stabilization Act followed by President
Barack Obama signing into law the American Recovery and
Reinvestment Act of 2009 (ARRA) on February 17, 2009.
The combined eect of these two laws provides up
to a 30% federal tax credit on both the purchase and
installation of qualifying products in renewable technologies
such as: solar electric property, residential solar water
heating, qualified small wind energy and qualified
geothermal heat pump energy, as well as others.
Under these laws VELUX Solar Powered Fresh Air
Skylights, VELUX Energy Performance Model Skylights,
VELUX residential rigid Sun Tunnels with the solar night
light, as well as VELUX Solar Powered Blinds qualify under
“Solar Electric Property” expenditures when purchased and
installed from January 1, 2009 through December 31, 2021.
2017-2019 save 30% federal tax credit
2020 save 26% federal tax credit
2021 save 22% federal tax credit
This tax credit is a direct debit of the taxpayers total tax
liability. For more information visit veluxusa.com/taxcredits
What do I need to do?
Keep your receipts for total price paid
(invoice from contractor for product
and installation) of the qualifying VELUX
products.
Attach receipts to a completed
Manufacturers Certification Statement
1
and keep for your records (see reverse side).
Fill out the IRS Residential Energy Ecient Property
Credit tax form 5695 (under “Qualified solar electric
property cost”)
Submit it with your taxes. Enter this tax credit o of form
5695 on your IRS tax form 1040
Tax forms can be found at irs.gov
1
IRS Notice 2009-41 suggests the taxpayer is not required to attach this certification statement to their tax return. However, the taxpayer should retain this certification statement as
part of their tax records.
2
As in all tax matters, the taxpayer is advised to consult their tax professional. VELUX America, LLC assumes no liability regarding the homeowner’s ability to obtain tax credits.
* 30% tax credit in eect through 2019. Credit changes to 26% in 2020, 22% in 2021. For more information visit veluxusa.com/taxcredits
When the product is installed: When it is tax time:
Save up to
30%
on federal tax credit
*
Receive an average of
$850 on product and
installation with federal
tax credit eligibility
Energy performance
and tax savings all in
one box
++
• Skylight
• Factory-installed solar blind
• Intelligent Touch remote control
VUSA-3812-0318