Form 4136 ND 2024-2025

Form 4136 ND: What You Should Know

The total value of the credit cannot exceed your tax liability. If you purchased qualified fuels at a wholesale gasoline station near your current residence and paid the tax at the retail station, you should claim the tax credit as a deduction for federal tax and use Form 4136 to report the credit. If you paid for the fuel at a refinery, distributor or dealer, you should claim the tax credit along with the tax deduction. Any amount claimed as a tax credit on Form 4136 or the Form 706 must be reported to the IRS by Feb. 30 for this year. Form 4136 may also be used in the following situations for each qualified fuel: 1. When your income is above the threshold that qualifies you to claim an increased standard deduction for gasoline, diesel fuel, or kerosene. This means you need a larger total adjusted gross incomes before Form 4136 can be used. 2. You are claiming the credit for a qualifying fuel based on a refinery or warehouse sale, even if you have filled or have enough in your tank to satisfy the credit threshold for the particular refinery or warehouse. 3. You are claiming the credit for a qualifying fuel in which a person, not you, actually consumed most of the fuel. Furthermore, you can claim the credit for fuel with a person in your household or for fuel your household uses for business and personal purposes, where the person consumes the fuel on your property and the fuel is used directly or indirectly in your trade or business. Form 4136. Department of the Treasury. Internal Revenue Service (99). Credit for Federal Tax Paid on Fuels. Go to for instructions Note There is no penalty for claiming an item for which you should have filed a return. However, if this item is not filed with the return and the taxpayer fails to deduct the amount of the tax shown in the statement it will result in a bill. If you are entitled to an item for your federal income tax return, you are required to file it for each item on which you claim the credit. If you are still not sure if you are entitled to a payment or if you have filed a return claiming an item you are entitled to no refund is sent. There will be a late fee paid by the taxpayer. If you are entitled to no refund, the taxpayer is required to provide you with a written statement within 10 days from the date of your claim stating that you are not entitled any refund.

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