I'm buying windows for someone I know.
These windows qualify for the $1500 tax credit.
I have already received the credit for my own windows.
Can the person I'm buying the windows for take advantage of this credit?
Thanks for any advice you may offer!
Dale
"Consumers who purchase and install specific products, such as energy-efficient windows, insulation, doors, roofs, and heating and cooling equipment in existing homes can receive a tax credit for 30% of the cost, up to $1,500, for improvements "placed in service" starting January 1,
2009, through December 31, 2010."Technically, one cannot take this type of tax credit for something he did not purchase. Now, if he gives you the money for the purchase and you document it, he can take the credit.
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