What do I need to get a tax credit or deduction on my roofing expenses?
Home improvements can be written as tax credits or deductions because they expand the life of your house and adds to the function of the building. Therefore, you will need to document how the roof replacement improved these qualifications. Records you will want to save may include why the roof was replaced, how much time was passed between the time you bought your house and the time your replaced your roof, what shingles were on your house before and after the roof replacement, how much of the roof was replaced, and if there were any other deductions filed on the old roof before being replaced. Any paperwork from the company that replaced your roof would also be helpful in obtaining the right information to gain any tax credits or deductions.