Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Where can I find information about the federal tax credits for ethanol blenders?

0
Posted

Where can I find information about the federal tax credits for ethanol blenders?

0

This IRS web page provides some information: http://www.irs.gov/publications/p378/ch04.html. An IRS representative confirmed that the federal ethanol credit (also known as the Volumetric Ethanol Excise Tax Exemption or VEETC) is taken by whomever pays the Federal gasoline excise tax of 18.4 cents. This statement has also been made by the Renewable Fuels Association. The RFA website has a VEETC page, with additional links: http://www.ethanolrfa.org/resource/veetc/.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123