Publication 225 |
2000 Tax Year |
Introduction
You may be eligible to claim a credit on your income tax return for
federal excise tax on certain fuels. You may also be eligible to claim
a quarterly refund of the fuel taxes during the year, instead of
waiting to claim a credit on your income tax return.
Whether you can claim a credit or refund depends on the kind of
fuel you purchased, whether it was taxed, and the purpose (nontaxable
use) for which you used the fuel. The nontaxable uses of fuel for
which a farmer may claim a credit or refund are generally the
following.
- Use on a farm for farming purposes.
- Off-highway business use.
- Uses other than as a fuel in a propulsion engine, such as
home use.
Table 18-1 presents an overview of credits and
refunds that may be claimed for fuels used for the nontaxable uses
listed above. See Publication 378
for information about credits and
refunds for fuels used for nontaxable uses not discussed in this
chapter.
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