President-elect Donald Trump has vowed to overhaul the U.S. tax code in 2017, and the GOP-led Congress is ready to make that happen in the new year. That means many popular tax code provisions for homeowners that expire at the end of December, such as deductions for buying energy-saving doors and windows, might not be extended.
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“Most on the Hill believe tax extenders won’t happen,” said Kevin McKenney, director of government affairs for the Window and Door Manufacturers Association (WDMA). “Now, that doesn’t mean it won’t, but Republicans are looking to do tax reform next year, so they want to start that process fresh going into 2017.”

If Congress passes a continuing resolution to keep the government running after December 9, the programs could be extended. However, a senior GOP leader told Environment & Energy News that there’s a good chance they won’t be renewed.

“There’s always a push for tax extenders, but I just think they want to start anew and see what they can do the first of the year,” Senate Finance Chairman Orrin Hatch (R-Utah) told the publication. Additionally, House Majority Leader Kevin McCarthy (R-Calif.) told Environment & Energy News that he didn’t expect any action on these items during the current lame-duck session.

Until December 31, 2016, homeowners can write off the cost of energy-efficient building products and appliances with a $500 lifetime cap, though the cap is just $200 for windows.

Other popular programs set to expire at the end of December include the Investment Tax Credit (ITC) for advanced energy technologies, mortgage debt forgiveness for financially troubled owners, and mortgage insurance write-offs for first-time homebuyers with moderate incomes.

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