What do I need to do?
When the product is installed: Keep your receipts for total price paid (product and installation) for one of the qualifying products and attach them to a completed Velux Federal Tax Credit - Manufacturers Certification Statement or a RediLight Federal Tax Credit - Manufacturers Certification Statement and keep for your records.
When it is tax time: Fill out IRS Tax form 5695 and submit it with your taxes.
Enter this tax credit off of form 5695 on your 1040 form.
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 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.