2023 Energy Efficient Windows Tax Credit | Inflation Reduction Act Explained

Поделиться
HTML-код
  • Опубликовано: 1 окт 2024

Комментарии • 128

  • @HoustonWindowExperts
    @HoustonWindowExperts  Год назад +2

    Section 25C of the Inflation Reduction Act contains tax credits for energy-efficient improvements for your home. Can they benefit you?

  • @speeddmin
    @speeddmin Год назад +13

    You really make some great, informative videos for folks looking to be educated on windows and doors, both in content and quality. I think there have to be a ton of people, like myself, who are outside the Houston area that run across your channel. I appreciate the information and have subscribed, primarily because you deserve it. More people need to do the same if they find the information helpful.

  • @joelwebster1451
    @joelwebster1451 Год назад +5

    I'm guessing they picked . 20 purposefully so it looked like they did something and yet they didn't

  • @Semiam1
    @Semiam1 10 месяцев назад +3

    Don’t chase the tax credit. Buy what’s best for your needs and budget.

  • @nfn7121
    @nfn7121 Год назад +3

    I bet that 5% of products have companies that have great lobbyists

  • @tegancuyar6541
    @tegancuyar6541 Год назад +3

    I'd like to change my sliding glass door to french doors going to the back yard. Would this be applicable to the $250 credit?

  • @EuropeAfricaTrip
    @EuropeAfricaTrip Год назад +5

    Much thanks! My wife & I are planning on getting new windows & siding in 2023

    • @HoustonWindowExperts
      @HoustonWindowExperts  Год назад +1

      Congratulations!

    • @claragrady201
      @claragrady201 Год назад +1

      Me too!

    • @EuropeAfricaTrip
      @EuropeAfricaTrip Год назад +2

      @@claragrady201 right now we are just in research mode, but it’s something that needs to get done.
      The killer is how expensive quality materials are

  • @laurenglass4514
    @laurenglass4514 8 месяцев назад +1

    The problem is you don’t install windows in Tyler, Texas!!

  • @seanyahn7158
    @seanyahn7158 Год назад +3

    Another great great video Jeff. The only thing is the U-Value description you gave was the measurement of cold air getting through the window, when In actuality it’s the “retention” of warmer air within the room that leaks out of that window, obviously during cold temperatures outside of the home. I’m my areas of service, the U-Factor needs to be lower than .30, which is definitely achievable. However, .20 for a U-Factor is insane, and yes would take a triple pane window which I’m not much of a fan of, but probably because I live in a mild climate.

  • @Lucerne23
    @Lucerne23 Год назад +4

    Thank you for the video. I was gonna use IRS section 25D from 2019 for my tax filing but now I can use 25C

  • @breandanwheeler5267
    @breandanwheeler5267 3 месяца назад +1

    Looking for new windows. You have a new subscriber sir.

  • @MrNeisonpromise
    @MrNeisonpromise 4 месяца назад

    Can you PLEASE help me in listing how should an ideal window replacement qoute look like. I mean what all informations should I double check for.? I live in Vancouver. It's really scary when it comes to a big decision like this in choosing the right window company whom we can trust...

    • @HoustonWindowExperts
      @HoustonWindowExperts  4 месяца назад +1

      This is a quick video that gives a brief overview of what a quote should look like. ruclips.net/user/shortsR0V1T7rcQys

  • @laurenglass4514
    @laurenglass4514 8 месяцев назад

    600$ doesn’t even pay for one small window
    It all went to EV junk

  • @rustyboltz5304
    @rustyboltz5304 Год назад +2

    Marvin fiberglass or premium vinyl windows, which one would you recommend? $8000 more for Marvin Windows, but in 10 years 3 hails stroms that have destroyed the vinyl parts of windows and the roofs.

    • @HoustonWindowExperts
      @HoustonWindowExperts  Год назад

      I think fiberglass would be a great choice considering the issues you've had. You are correct, it will cost more money.

  • @p35flash97
    @p35flash97 8 месяцев назад +1

    The window manufacturers will certainly benefit from more people buying triple pane windows.

  • @agordon20024
    @agordon20024 11 месяцев назад +1

    How do I receive the tax credit? I don't have enough taxable income to file a return. Reducing my tax liability $2000 do not benefit me.

    • @HoustonWindowExperts
      @HoustonWindowExperts  11 месяцев назад +1

      That's the problem with some of these government credits. It would be better if they actually gave you a check instead of a credit. It punishes people who are meaning well but don't have the income to qualify.

  • @0828-d4p
    @0828-d4p 25 дней назад

    What is an iprovement? Is that the same as an improvement, or is it different?

  • @mrgee7059
    @mrgee7059 Год назад +3

    Great info! More motivation for improving my windows

  • @dalesupertramp9234
    @dalesupertramp9234 Год назад +1

    Thanks for the great info. I would like to know if it’s still possible to buy custom sized aluminum (white painted) double-pane windows. I’m in San Diego and no one is selling them that I can find. I did half my house 15 years ago, and now want to finish using the same frame type I used before. Thanks

  • @jc323socal3
    @jc323socal3 10 месяцев назад +1

    Do you need to submit a building permit that has been finalized and signed by the city inspector when claiming the tax rebates?

    • @HoustonWindowExperts
      @HoustonWindowExperts  10 месяцев назад +1

      No, the manufacturer will give you a letter for your records.

  • @James-vd8lp
    @James-vd8lp Год назад +2

    Hi Jeff
    Great insight on the double vs triple pane, I would like to learn more about the energy efficiency of double vs triple pane windows but don't see a video on your channel about it. Can you tell me if it is worth upgrading to triple pane in order to keep cold air out and keep warm air in during winter times? I live in the north east and the winter's are very cold.
    Thanks!

    • @HoustonWindowExperts
      @HoustonWindowExperts  Год назад +1

      An extremely cold climates, triple pain will outperform double pane. However, if the window does not have good air leakage ratings, it won't matter. The air will get in around the window sash.
      Probably the most important thing, is to find a great installer. You can have an amazing window that is installed poorly and it will not work very well.
      I started a website to help people locate a great window company near them. We may have someone in your area. Please visit TheWindowExperts.com

    • @James-vd8lp
      @James-vd8lp Год назад +1

      @@HoustonWindowExperts Thanks for the insight! What would you recommend as a good air leakage rating?

    • @HoustonWindowExperts
      @HoustonWindowExperts  Год назад +1

      .03 is good.

  • @jameswilliams8372
    @jameswilliams8372 3 месяца назад +1

    Thank you for the information

  • @aaront2829
    @aaront2829 Год назад +2

    I have a window salesman saying that the windows only need to meet Version 6.0 of energy star to qualify, but the new law clearly states most efficient. Who is right? I do find information that 7.0 factors go into effect in October 2023 and but those requirements are different than the Most Efficient designation.

    • @HoustonWindowExperts
      @HoustonWindowExperts  Год назад +7

      I'm sorry to tell you this, but he is completely wrong. A quick search of the internet would show you the undisputed information you need.
      If he insists, ask him to put his money where his mouth is. Tell him to put a clause in your agreement, that if you do not qualify for the tax credit, he will issue you a refund for the $600.

    • @aaront2829
      @aaront2829 Год назад +1

      @@HoustonWindowExperts thanks. That’s what I was thinking because I was reading the law and have no clue how it could be interpreted any differently.

    • @HoustonWindowExperts
      @HoustonWindowExperts  Год назад +1

      You done a good job of watching out for your back on this!

  • @JoyButler-g8r
    @JoyButler-g8r 7 месяцев назад +1

    Jeff, how does this tax credit help a homeowner who needs 13 or 14 windows?

  • @breandanwheeler5267
    @breandanwheeler5267 3 месяца назад

    For the U factor wouldn’t it also prevent the cold air from escaping inside the house. Solar heat gain deals only with the sun but u factor is more a total efficiency with regards to heat transfer from the ambient temperature high to low

    • @HoustonWindowExperts
      @HoustonWindowExperts  3 месяца назад

      Just so you know.. cold is not gained or lost. Heat is what transfers. So, either keep heat from coming in or going out is the goal.

  • @MichelleK765
    @MichelleK765 Год назад +2

    Excellent videos and information. Thanks so much!

  • @justiceonly9105
    @justiceonly9105 Год назад +1

    Hi,
    Very grateful for you. Does this law apply to the 2nd home as well?
    Thank you

    • @HoustonWindowExperts
      @HoustonWindowExperts  Год назад

      I am not sure. I did not see anything that stated you could not use it on a secondary or investment property.

  • @paulbramucci7586
    @paulbramucci7586 6 месяцев назад +1

    Is Harvey a good window? I'm in the northeast

    • @HoustonWindowExperts
      @HoustonWindowExperts  6 месяцев назад

      I wish I could be of more help, but I'm not familiar with that product at all. Do some Google searches and see what you come up with. Remember, the most important thing is to find a great window installer, not a great window.
      A great window installer will only install a great windows.

  • @glassvial
    @glassvial Год назад +2

    I stopped in a local Window and Door place yesterday and inquired about this, they said to talk to an accountant about the tax details, but I made specific mention of the U-Factor 0.20 you discussed here, he said that's basically impossible and is under the impression they (they, as in the powers that be) probably made a mistake and meant it to be 0.30, which would make more sense. I guess time will tell if they issue a correction of some sort down the road if it's brought to their attention.

    • @HoustonWindowExperts
      @HoustonWindowExperts  Год назад +2

      Thank you for your comment. There was no mistake in the 0.20 U factor. It just doesn't make sense for the whole country. That's my issue.

    • @glassvial
      @glassvial Год назад +2

      @@HoustonWindowExperts seems like it doesn't make any sense at all, I'm in a cold climate area and the guy said it seemed impossible. Was looking at Marvin fiberglass products at this dealer, if it matters.
      I also mentioned the breakdown of materials vs. labor, he said that's not "normal" but they CAN do it, so that's an upside.

  • @kirklandappleby109
    @kirklandappleby109 10 месяцев назад +1

    Do you carry Sierra Pacific windows? If so what is your opinion of them and how do they compare in cost to other clad wood windows? …. Vs say Windsor?

    • @HoustonWindowExperts
      @HoustonWindowExperts  10 месяцев назад +2

      I do sell them. It's a nicer window that Windsor Pinnacle in my opinion, but it will cost about 10% more.
      Remember, the most important decision you can make will be to choose the right installer.

    • @kirklandappleby109
      @kirklandappleby109 10 месяцев назад +1

      @@HoustonWindowExperts Thank you for your reply!

  • @stevevlahos1
    @stevevlahos1 Год назад +1

    For some reason your channel disappeared and didn’t show me new episodes. I had to find it in the list of channels I follow and now it’s showing me new episodes to view.
    Love the channel.

  • @Holyheart1
    @Holyheart1 8 месяцев назад +1

    Have you heard of weather shield windows ? Any option ?
    Thanks

    • @HoustonWindowExperts
      @HoustonWindowExperts  8 месяцев назад

      They make a great product. I'm not sure if it qualifies for the credit. Check out their website

    • @Holyheart1
      @Holyheart1 8 месяцев назад +1

      @@HoustonWindowExperts thanks

  • @AaliyahMorris-ly8uw
    @AaliyahMorris-ly8uw 8 месяцев назад

    Do you need to submit a building permit that has been finalized and signed by the city inspector when claiming the tax rebates?

  • @LuvinMusicMan
    @LuvinMusicMan Год назад +1

    Great information! Watching from California, having some Milgrad Trinsic windows installed soon.

    • @HoustonWindowExperts
      @HoustonWindowExperts  Год назад

      Congratulations

    • @dalesupertramp9234
      @dalesupertramp9234 Год назад

      I think you mean Milgard - right? They sell the Trinsic V300 window. These have a nice self latching mechanism.

  • @cherieharley4532
    @cherieharley4532 Год назад +2

    Jeff, how does this tax credit help a homeowner who needs 13 or 14 windows?

  • @jenniferhimes154
    @jenniferhimes154 7 месяцев назад

    We did our windows and doors in 2022. We spent about $21,000 in good quality energy star rated materials but could only claim a $200 credit. Can we carryover any credits to 2023? Thank you!

  • @stevekline5608
    @stevekline5608 Год назад +1

    can you get it if building new house?

  • @danielc8037
    @danielc8037 Год назад +1

    Does Pella Impervia double hang qualifies for this with sun protection glass ?

    • @HoustonWindowExperts
      @HoustonWindowExperts  Год назад

      No, unfortunately. It must have a .20 or lower U-factor

    • @danielc8037
      @danielc8037 Год назад +1

      @@HoustonWindowExperts
      wooow unbelievable
      Base on your expertise.
      What are pella impervia double hang?
      Is it .29 not efficient enough? to give the credit? My believe is that 's a good efficient window and is not going to be cheap. Whatever brand you chose for that factor.

    • @HoustonWindowExperts
      @HoustonWindowExperts  Год назад

      That product will not achieve the standard required for the energy tax credits. However, it is a great product!

  • @preparingformountainlife
    @preparingformountainlife 8 месяцев назад

    A lot of companies do not give quotes brokedown with material and labor...not sure why.

    • @HoustonWindowExperts
      @HoustonWindowExperts  8 месяцев назад

      There could be a lot of reasons for that. One of them is to mask the individual unit pricing so you cannot compare it to a competitor. You can only compare the bottom line at that point.

  • @FranciscoRamirez-gb6zc
    @FranciscoRamirez-gb6zc Год назад +1

    Will the door credit cover sliding glass doors?

  • @th003g
    @th003g Год назад +1

    So that's like 5 windows a year?

  • @laurenglass4514
    @laurenglass4514 8 месяцев назад

    I got on Jeff’s list and was texted and said how many windows I needed and where I lived and I guess there’s no one in Tyler that is on Jeff’s list!

  • @LightGesture
    @LightGesture Год назад +5

    "Is still being learned by the IRS, there's no real clear true answers........ so heres what we know so far."
    And that's the government we have now. Remember in Obama's age, "we have to pass the bill so we know what's in it." -Pelosi
    Lol

  • @richardbently7236
    @richardbently7236 Год назад

    Thank you for the explanation.

  • @laurenglass4514
    @laurenglass4514 8 месяцев назад

    Great presentation!!

  • @markfarley671
    @markfarley671 Год назад +3

    Hi Jeff,
    I ordered my windows and made the initial deposit in 2022. I received an invoice for that.
    When my windows are installed this week (2023), I will pay the final amount and will receive an invoice for that.
    So, Mr. tax man, will I be able to use the 2 invoices to capitalize on the credit, one in 2022 and one again in 2023?
    Just curious.
    Thanks for this video.

  • @dieseldawg7132
    @dieseldawg7132 Год назад +3

    😂😂😂😂 Jesus Christ taxes are a joke always have been let me spent 7k in windows to get back $200 make it make sense

    • @lennyppm
      @lennyppm Год назад +1

      What about the increase in the value of your property

    • @dieseldawg7132
      @dieseldawg7132 Год назад +2

      @@lennyppm with increase of property value you can also bet on increase on taxes only good if you are ready to sale

    • @lennyppm
      @lennyppm Год назад

      Do you think the room itself is more quiet or more light is let in? How do you like the window itself

  • @Metalfan888
    @Metalfan888 Год назад

    Dissenting opinion here. If they give extra credit for U 0.30 windows, that covers basically every moderate quality window on the market. The point shouldn’t be to throw tax money to give people new average products, but to encourage the market to push the envelope of efficiency. Just like subsidizing EVs allowed them to reach economies of scale to become self-sustaining industries, this extra encouragement can help the next generation of windows come to market. This lasts 10 years. Materials and manufacturing breakthroughs could see the standard window of 2032 being made affordably at 0.20 U factor, 50% less heat loss than the gold standard of today. 0.30 could someday be looked upon the same way we consider 0.50 windows today as cheap leaky trash.
    That’s my hope. Whether or not it actually happens, who knows. Whether or not it’s an efficient use of taxpayer dollars, also rightfully controversial. What on earth this has to do with reducing inflation, who knows.

  • @ryanmatthew511
    @ryanmatthew511 Год назад +5

    What a HUGE waste of tax money. $600 is so small...does nothing to dent anyones bill for their windows and cost tax payers a fortune.

    • @HoustonWindowExperts
      @HoustonWindowExperts  Год назад +1

      I agree

    • @richardbently7236
      @richardbently7236 Год назад +2

      but you're just getting your money back. Its not necessarily taking other peoples tax money like a government handout.

    • @jacobwatson1818
      @jacobwatson1818 10 месяцев назад +4

      Like oil and farming subsidies?

  • @BigBuckGetter
    @BigBuckGetter Год назад +2

    You only qualify for theses tax credits if you live at the poverty level, and if you live at the poverty level you aren't buying new windows, doors, and insulation.

    • @HoustonWindowExperts
      @HoustonWindowExperts  Год назад +8

      I believe you are mistaken. His credits are not based on your income. They're based on the products you purchase. In fact, if you were at the poverty level, you probably wouldn't have any income taxes to use this credit towards.
      As always, consult with your tax preparer.

    • @Randal323
      @Randal323 Год назад

      If I understand the legislation correctly, there are Tax Credits and there are Rebates. It depends on the product or material you purchase as to whether you will receive a Tax Credit or a Rebate.
      For the purpose of this discussion, Windows and Exterior Doors receive a Tax Credit. (other products may apply so research the regulations). There are no personal income limits to receive a Tax Credit.
      Rebates apply to an electric appliance, insulation, electric wiring, heat pump (check for other products that qualify). Rebates are subject to what the legislation refers to as a household area median income (AMI).
      As an opinion, the reason these Tax Credit amounts are so small is because replacing windows is not a direct attack on fossil fuel elimination. Bunk BS climate change was not created based on science. It was created when global elitists realized it was the greatest opportunity to obtain and wield power, at all cost.

    • @kimberlyx4060
      @kimberlyx4060 Год назад +1

      I am researching this, like he said the IRS is getting this up. The credits were there to a minimal degree and I tried during 2010 when we replaced our 1960’s windows. Lesson learned back then. He’s right on getting the material and labor breakdown. You need that for tax time. We could have taken those credits earning $135k back then. I read so far to qualify Medium-income is defined as a household making up to 150 percent of its area’s median income. For example if $60,000 is the medium in your area times 1.5. $90,000.
      Low-income is defined as making less than 80 percent of its area’s median income.

    • @HoustonWindowExperts
      @HoustonWindowExperts  Год назад

      Thanks for sharing

  • @htown148
    @htown148 Год назад +2

    I live in Katy and I'll be calling you for a group project! Exciting news

    • @HoustonWindowExperts
      @HoustonWindowExperts  Год назад

      In looking forward to it!

    • @htown148
      @htown148 Год назад +1

      @@HoustonWindowExperts I live in the heights and 99% of folks have no idea about this! Do some marketing in the heights and inner lope!!!

    • @HoustonWindowExperts
      @HoustonWindowExperts  Год назад

      Great idea! We do use Nextfoor, Yelp, and Angie's List. Any idea what we could do better?

    • @htown148
      @htown148 Год назад

      @@HoustonWindowExperts yeah make flyers and have someone go door and door and put then on doors. This is a people to people neighborhood. Heights voted for biden by 80 points. It's the strongest environmental friendly neighborhood on Texas with an average household income of 130k. You should be making a killing right now. Everyone here is interested