Tax Credit For 2014 Metal Roof Installation

Metal Roofing contractors take note — here’s a reason to reach out again to customers who installed an energy-efficient metal roof last year – especially if you offer items in addition to roofing and want a conversation starter.

According to new U.S. tax code legislation, a metal roof installed between January 1, 2014 and December 21, 2014 is eligible for a $500 Federal Tax Credit.  Unfortunately, no word yet on 2015 tax credits.

Tax Credit Metal Roofs

For the 2014 credit, the roof must meet two specific standards:

Appropriate pigmented coatings that are specifically and primarily designed to reduce the heat gain of a dwelling unit when installed on the dwelling unit.

  1. The roof meets or exceeds ENERGY STAR program requirements for steep slope roofs >2:12 (as in effect at the time of installation).
  2. The roof must have been installed on the taxpayer’s occupied principal residence in 2014, located in the United States.  The tax credit could be up to 10 percent of the purchase price of roofing materials to a maximum of $500.  For more information, visit www.energystar.gov.

 

Even if you can’t offer the homeowner another product, they’ll appreciate knowing about the 2014 tax break, and will be more likely to recommend your company to friends and family members who may need a roof.

For more information about the benefits of becoming a Metal Roofing Alliance contractor member, please visit our website.