Alternative Fuel Vehicle Tax Credit: Tax credit up to $2,500 for purchase or conversion of alternative fuel vehicle. In 2010, the federal tax per gallon generally was 18.3 cents for gasoline and 24.3 cents for diesel fuel. Diesel fuel is also available for off-road use without payment of excise tax, in which case it is dyed to designate it as exempt. Tax Credit: James Udi 404-363-7046 Contact by email: Kansas: Alternative Fuel Vehicle Tax Credit: Credit for 40% of the conversion cost for qualified AFVs from $4,000-$40,000, based on GVWR. In the case of sales of undyed diesel fuel or kerosene to intercity and local buses, the registered ultimate vendor can claim the refund or credit if the purchaser waives its right to claim it. How to File Claims for Refunds and Credits… See the individual credit instructions for more information. The federal government imposes taxes on a variety of fuels. As of this writing, only two manufacturers have hit the cumulative sales thresholds: Tesla and General Motors. New Eligibility Criteria Under the new fuel tax credit, the previous urban and regional boundary criteria for fuel grants will no longer apply. Biodiesel Income Tax Credit. Qualified Plug-In Electric Vehicle (PEV) Tax Credit.

Interest in clean diesel cars have been on the rise in recent years, and auto manufacturers are increasing the number of diesel car options for the marketplace. Claim a credit on most other fuel efficient vehicles bought in the past few years. Fuel Tax Credit Extended For Propane Vehicles April 13, 2020 April 13, 2020 Mike Brezonick The Propane Education & Research Council (PERC) is encouraging propane autogas fleet operators to take advantage of the Alternative Fuel Tax Credit, which was recently passed by the U.S. Congress as part of the Further Consolidated Appropriations Act, 2020. Six months after that the tax credit is completely eliminated for that manufacturer. A tax credit is available for the purchase of a new qualified PEV that draws propulsion using a traction battery that has at least five kilowatt-hours (kWh) of capacity, uses an external source of energy to recharge the battery, has a gross vehicle weight rating of up to 14,000 pounds, and meets specified emission standards. The minimum amount of the Plug-In Electric Vehicle Credit is $2,500 for a vehicle with 5 kilowatt hours of battery capacity, with an additional $417 for each kilowatt hour of capacity beyond five. The one most familiar to taxpayers is probably the federal gas tax—18.4 cents/gallon as of 2018—which pays for road projects across the country. NOTE: This incentive originally expired on December 31, 2017, but was retroactively extended through December 31, 2022, by Public Law 116-94. To qualify for the electric vehicle tax credit, the car must have a battery that can be plugged in to recharge, and the battery storage capacity must be calibrated in kilowatt hours. A taxpayer that delivers pure, unblended biodiesel (B100) into the tank of a vehicle or uses B100 as an on-road fuel in their trade or business may be eligible for an incentive in the amount of $1.00 per gallon of biodiesel, agri-biodiesel, or renewable diesel. The tax credit phase out for their electric vehicles worked like this: The first 250,000 plug-in hybrid vehicles sold will get the full tax credit, and then it will be phased out like earlier tax credits. Clean-diesel and gas-electric hybrids no longer qualify.

The federal Tesla tax credit has run its course, and the federal EV tax credit on General Motors vehicles will end soon. Other requirements include: 7

Clean Fuel Vehicle and Advanced Cellulosic Biofuels Job Creation Tax Credit Buyers of electric vehicles, or EVs, are eligible to receive up to $7,500 in a federal tax credit. Federal Tax Credits for New All-Electric and Plug-in Hybrid Vehicles Federal Tax Credit Up To $7,500!

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