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Information about Form 4136, Credit For Federal Tax Paid On Fuels, including recent updates, related forms and instructions on how to file. Use Form 4136 to claim a credit for certain nontaxable uses of fuel, the alternative fuel credit, and a credit for blending a diesel-water fuel emulsion.
2023 Form 4136. Form. Department of the Treasury. Internal Revenue Service. Credit for Federal Tax Paid on Fuels. Go to. www.irs.gov/Form4136. for instructions and the latest information. OMB No. 1545-0162.
Attach Form 4136 to your tax return. Instead of waiting to claim an annual credit on Form 4136, you may be able to file: Form 8849, Claim for Refund of Excise Taxes, to claim a periodic refund; or. Form 720, Quarterly Federal Excise Tax Return, to claim a credit against your excise tax liability.
Oct 19, 2023 · The one most familiar to taxpayers is probably the federal gas tax—18.4 cents/gallon as of 2021—which pays for road projects across the country. Certain uses of fuels are untaxed, however, and fuel users can get a credit for the taxes they’ve paid by filing Form 4136. TABLE OF CONTENTS. Untaxed uses of fuels.
Jan 17, 2024 · Using Form 4136, businesses can claim a tax credit for federal excise taxes paid on fuel, effectively reducing their overall tax liability. This can be a substantial saving, particularly for transportation, construction, or agriculture businesses, where fuel consumption is high.
Jul 13, 2023 · IRS Form 4136, Credit for Federal Tax Paid on Fuels, enables certain taxpayers to claim a fuel credit, depending on the type of fuels used, and the type of business use the credit is claimed for. Do I have to wait for my annual tax return to claim a fuel credit?
Form 4136 - Credit For Federal Tax Paid On Fuels. Form 4136 is used to claim a credit for federal tax paid on fuels. Specifically, it is used to claim a credit for the federal excise tax paid on certain fuels that are used for various nontaxable purposes.
