Energy Guide

Guide to receive your tax credit
Background
On October 3rd, 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 17th, 2009.
The combined eect of these two laws provides up to
a 30% 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 and other eligible VELUX Skylights with
Go Solar, as well as VELUX Residential Rigid Sun
Tunnels® with the Solar Night Light and VELUX
Solar Powered Blinds qualify under “Solar Electric
Property” expenditures when purchased and installed
from January 1, 2009 through December 31, 2022.
2021–2022: Save 26% Federal tax credit
This tax credit is a direct debit of the taxpayers total tax
liability. For more information visit veluxusa.com/go-solar
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 the
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.
* 26% tax credit in eect through 2022. For more information visit veluxusa.com/go-solar.
When the product is installed: When it is tax time:
Eligible for a
Federal Solar
Tax Credit
o product and
installation
Go Solar, Save Big!
Add this option to qualifying
skylights for a Federal Solar Tax
Credit eligibility.
GO
SOLAR
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