Instructions for IRS Form 4136 Credit for Federal Tax Paid on Fuels

IRS Form 4136 Credit for Federal Tax Paid on Fuels

This document contains official instructions for IRS Form 4136 , Credit for Federal Tax Paid on Fuels - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 4136 is available for download through this link.

FAQ

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

Q: Who can use IRS Form 4136?
A: Individuals, businesses, and farmers who paid taxes on certain fuels can use IRS Form 4136 to claim a credit.

Q: What fuels are eligible for the credit?
A: Gasoline, diesel fuel, kerosene, alternative fuels, and certain types of aviation gasoline and aviation fuel can be eligible for the credit.

Q: Is there a specific amount of credit that can be claimed?
A: Yes, the credit amount can vary based on the type of fuel used and the purpose for which it was used.

Q: What is the deadline for filing IRS Form 4136?
A: IRS Form 4136 is generally filed with your annual tax return, which is due by April 15th of each year.

Q: Are there any specific requirements or documentation needed to claim the credit?
A: You will need to maintain records of the fuel purchases and tax payments to support your claim for the credit.

Q: Can I claim the credit if I have already received a refund of the tax paid on fuels?
A: No, you cannot claim the credit if you have already received a refund of the tax paid on fuels.

Q: Can I use IRS Form 4136 for state or local fuel tax credits?
A: No, IRS Form 4136 is specifically for claiming the federal tax credit on fuels.

Q: What should I do if I have questions or need assistance with IRS Form 4136?
A: You can contact the IRS directly or consult a tax professional for assistance with IRS Form 4136.