siding is considered an exterior clad and NOT included in the new stimulous bill. however,the insulation is covered(material only). so basically 800 bucks of material is covered which means 13% of 800 bucks.
ironically solid core siding(foam backed) is not covered; go figure.
Insulated Siding with Fullback Thermal Support System
(drop-in, field applied)
Tax Credit for Non-business Energy Property § 25C
Eligibility Requirements for the Tax Credit
The Credit for Nonbusiness Energy Property as outlined in § 25C of the Internal Revenue Code allows for a credit for building products classified as “Eligible Building Envelope Components.” This applies to the field-applied, drop-in Fullback® Thermal Support System*, as “an insulation material or system specifically and primarily designed to reduce heat loss or gain of a dwelling unit when installed in or on the dwelling unit.”
For more information about the Credit for Nonbusiness Energy Property § 25C tax credit, please visit:
http://www.energystar.gov/index.cfm?c=products.pr_tax_credits
* The Progressive Foam Technologies, Inc. Fullback® Thermal Support System certificate is limited only to the field-applied, drop-in insulation components.
Tax Credit Details
The credit amount established by The American Recovery & Reinvestment Act of 2009 is:
* 30% of the cost of the insulation, up to maximum of $1500.00 for all taxable years.
* Allowed only for amounts paid or incurred to purchase the insulation.
* Not allowed for amounts paid for onsite preparation, assembly, original installation labor, siding or sales tax.
* The purchase must be made during the taxable year for which the credit is claimed.
* Retroactive and with time limits, covering product in service after December 31, 2008 thru December 31, 2010.