IRS Form 4136 Credit for Federal Tax Paid on Fuels

What Is IRS Form 4136?

This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury. As of today, no separate filing guidelines for the form are provided by the IRS.

FAQ

Q: What is Form 4136?
A: Form 4136 is a tax form used to claim a credit for federal tax paid on fuels.

Q: Who can use Form 4136?
A: Individuals, businesses, and farmers who have paid federal tax on fuels can use Form 4136.

Q: What types of fuels are eligible for the credit?
A: Various types of fuels, including gasoline, diesel, kerosene, and alternative fuels like ethanol or biodiesel, may be eligible for the credit.

Q: How much is the credit?
A: The credit amount varies depending on the type of fuel and the amount of tax paid.

Q: How can I claim the credit?
A: You can claim the credit by filling out Form 4136 and attaching it to your tax return.

Q: Is there a deadline to file Form 4136?
A: Yes, Form 4136 must be filed with your tax return by the regular tax filing deadline.

Q: Are there any limitations or restrictions on claiming the credit?
A: Yes, there are certain limitations and restrictions, such as a maximum credit amount and specific requirements for claiming the credit for alternative fuels.

Q: Can I claim the credit for fuels used in personal vehicles?
A: No, the credit generally does not apply to fuels used in personal vehicles.

Q: Is the credit refundable?
A: No, the credit is non-refundable, which means it can only be used to offset your federal tax liability.