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Oklahoma Clean Fuel Credit

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Oklahoma Clean Fuel Credit

Answer

Credit for Investment in a Clean-Burning Motor Vehicle Fuel Property- Form 567-A

A credit is allowed for investments in qualified clean-burning motor vehicle fuel property.

• Use Part 1 to compute the credit for the purchase or conversion of a qualified motor vehicle. The credit from Section A is carried to Form 511CR, line 3a.

• Use Part 2 to compute the credit for property directly related to the delivery of a qualified fuel into the fuel tank of a motor vehicle and the storage of such fuel or for a public access recharging system for vehicles propelled by electricity.

• Use Part 3 to compute the credit for a natural gas refueling station in a private residence.

• Use Part 4 to determine the total credit from Part 1, Section B; Part 2 and Part 3 to carry to Form 511CR, line 3b


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Views: 2534 Created on: Jun 15, 2013
Date updated: Dec 16, 2021
Posted in: States, Oklahoma

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