EcoFoil Tax Credits

Insulation Tax Credit for Reflective Insulation (EcoFoil)

Radiant Barrier Tax Credit from U.S. Department of Energy
EcoFoil products are eligible for a tax credit as a part of an extension to Title IV Section 401 of the American Taxpayer Relief Act of 2012, which has been extended through December 31, 2013 for energy efficient products such as

To summarize:
  • Products purchased and installed from January 1, 2012 through December 31, 2013 are eligible
  • 10 percent up to a maximum of $500 for all years (2006-2013) for all improvements combined
  • The tax credits qualify for the following residential applications : Attics, Walls and Crawl Spaces as long as the product is used to "insulate"
  • Must be for an individual's principle residence
  • Installation costs are not included
Save your receipt for your tax files and download the Manufacturer's Certification Statement. Be sure to speak with your tax professional for your specific eligibility.

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2010-2011 Tax Credits

Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010

In December of 2010, the government signed in the "Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010" which extends the tax credit for energy efficient credits offered for EcoFoil™ radiant barrier and reflective bubble insulation.

  • This extends tax credits to the end of 2011.
  • The tax credit has been reduced from 30% to 10%.
  • The maximum credit has been changed from $1500 to $500 for the 5 year period (2006, 2007, 2009, 2010, and 2011) for all improvements combined. If you have already claimed a tax credit of $500 or more, you would not be eligible to make a tax credit claim in 2011.

Radiant Barrier Tax Credit Summary:

  • For a radiant barrier or reflective bubble insulation product to qualify, its primary purpose must be to insulate.
  • Must be installed or "placed in service" between January 1 and December 31, 2011.
  • Installation or labor costs are not included, only materials can be deducted.
  • Must be for taxpayers principal residence.         
  • The product must have a life expectancy of 5 years OR have a 2 year warranty.
  • For tax purposes, save your receipt and the  Manufacturer's Certification Statement for 2011 

EcoFoil™  radiant barriers & reflective bubble insulations are eligible for the 2011 tax credit.

Click the green link here to Download a copy of the  Manufacturer's Certification Statement for 2011  and save with your tax records if you plan to obtain the tax credit.   You do not need to submit this form to the IRS with your tax form.

*EcoFoil™ strongly advises you to talk with your tax professional in determining actual eligibility for any tax credits.

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2009-2010 Information

Providing Consumers Tax Credits in 2009-2010 for Reflective Bubble Insulation Purchased and Installed in 2009-2010

Radiant Barrier Tax Credit from U.S. Department of Energy

The American Recovery and Reinvestment Act of 2009

On February 17, 2009, President Obama signed "The American Recovery and Reinvestment Act of 2009" that made some significant changes to the existing energy tax credits that apply to insulation.  The highlights are:
  • The tax credits that were previously effective for 2009, have been extended to 2010 as well.
  • The tax credit has been raised from 10% to 30%.
  • The maximum credit has been raised from $500 to $1500 for the two year period (2009-2010) for all improvements combined.

Reflective Bubble Insulation Tax Credit Summary:

  • For bubble insulation to qualify, its primary purpose must be to insulate.
  • must be "placed in service" from January 1, 2009 through December 31, 2010
  • must be for taxpayers principal residence
  • improvements made in 2009 will be claimed on your 2009 taxes (filed by April 15, 2010) — use IRS Tax Form 5695 (2009 version) — it will be available late 2009 or early 2010
  • For tax purposes, save your receipt and the Manufacturer's Certification Statement.
  • Must be expected to last 5 years OR have a 2 year warranty.
  • Installation costs are not included.
EcoFoil Reflective Bubble Insulations are eligible for the 2009-2010 Tax Credit.
Download a copy of the Manufacturer's Certification Statement and SAVE WITH YOUR TAX RECORDS if you plan to obtain the tax credit.  You do not need to submit this form to the IRS with your tax form.
 
*EcoFoil strongly suggests that you talk with your tax professional in determining actual eligibility for tax credits.