But it doesn’t exclude them, either. Some companies, such as Hunter Douglas, say certain coverings they make are eligible and back up their claims by issuing a manufacturer’s certification statement saying so. Some tax experts believe that because these coverings don’t provide insulation as their main purpose, the IRS will eventually strike down these certifications.
Do your energy-efficient window coverings qualify?
If a company provides a certification statement, you’re almost certainly OK — for now. Even if the IRS later denies the company’s claim, it’s unlikely you’ll lose your credit retroactively.
Window coverings that currently may qualify for the federal tax credit include:
- Honeycomb shades
- Plantation shutters
- Draperies, especially those identified as “insulated drapes”
- Window films with insulating properties
Avoid tax hassles later
- Always insist on a manufacturer’s certification for energy-efficient window coverings you purchase. Ads and smiling handshakes just aren’t good enough.
- Don’t assume that if one company is giving a manufacturer’s certification, a similar product from another company is also covered.
- If the IRS forces a company to withdraw a product’s certification and you buy it after the cancellation, you can’t say, “You used to certify it, so I’m still covered.”
What to do with a certification statement
You won’t have to submit the certification statement with your tax return, but you’ll need it and a copy of the sales receipt for your records. Stash your statement with your important papers for the year, and file IRS Form 5695 with your tax return.