Energy Guide
Guide to receive your tax credit
Background
On October 3, 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 17, 2009. On August 16, 2022, President
Joe Biden signed into law the Inflation Reduction Act
of 2022 which includes clean energy tax credits.
The combined eect of these laws provides a 30%
tax credit* on both the purchase and installation of
qualifying products in renewable technologies such as
solar electric property, electric vehicles, solar panels, heat
pumps and other energy-ecient home improvements.
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, 2022 through December 31, 2034.
2022–2032 Save 30% Federal Tax Credit
2033 Save 26% Federal Tax Credit
2034 Save 22% 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 Ecient 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.
* 30% tax credit in eect through 2032. Credit changes to 26% in 2033 and 22% in 2034. For more information visit veluxusa.com/go-solar.
When the product is installed: When it is tax time:
Go Solar, Save Big!
Add this option to qualifying
skylights for a Federal Solar Tax
Credit eligibility.
GO
SOLAR
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