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NY Form 4136: What You Should Know
Form 1040 for business owners and taxpayers with income less than 20,000 that used a gasoline powered car, van, or light truck during the tax year. Tax Credit for ethanol fuel. What is Form 876? This form is a return of sales tax paid on fuel used to power a commercial motor vehicle for business use, and/or to provide water or sewer service. The first line of Form 876 is an identification number for the taxpayer or a company that paid the tax. The second line is the tax amount claimed or the adjusted taxable price, which is the amount that bears the same relation in amount to the tax paid to the amount of the sales or use tax assessed. Example. If a gasoline powered car or van was owned and operated for business in Alabama during December 2015, the tax paid on the vehicle is: (Form 876)(15,000). If the motor carrier does not provide sewer service and the vehicle is used or transported in Georgia, the tax paid on this vehicle is due to the federal government and could be taxed at the same rate as other types of federal, state, or counties government property taxes (see the chart below). Tax Payment Waiver for Exempt Fuel-powered Vehicles. Form 876 is a non-provisional return (Form 845X-R) that should not be filed in an attempt to avoid paying tax assessed to the IRS. No Form 876 will be processed by IRS if the taxpayer provides a false or fraudulent name, address, occupation, or date of birth. Forms may be withdrawn when a waiver of the tax is granted under a provision under Section 6311, Miscellaneous, Sec. 6310, and Section 6313, Waiver Related to Form 845X-R. However, the Taxpayer Identification Number must remain on the Form 876. Form 8864-C: Filing Information For Fuels-Based Transportation Services An informational table filed with Form 8864-C, Fuel-Based Transportation Services, is used in reporting the cost of fuel that is sold, used or transported by a person engaged in the distribution of a taxable motor vehicle as part of its business.
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