Federal Biodiesel and Renewable Diesel Fuels Credit
Extracted from PDF file 2019-federal-form-8864.pdf, last modified January 2020
Biodiesel and Renewable Diesel Fuels Credit8864 Form (Rev. January 2020) Department of the Treasury Internal Revenue Service Biodiesel and Renewable Diesel Fuels Credit OMB No. 1545-1924 ▶ Attach to your tax return. Go to www.irs.gov/Form8864 for instructions and the latest information. Attachment Sequence No. 141 ▶ Identifying number Name(s) shown on return Caution: You cannot claim any amounts on Form 8864 that you claimed (or will claim) on Form 720 (Schedule C), Form 8849, or Form 4136. Claimant has a certificate from the producer or importer of biodiesel or renewable diesel reported on lines 1 through 6 below and, if applicable, claimant also has a statement from the reseller. Claimant has no reason to believe that the information in the certificate or statement is false. Claimant may need to attach a copy of the certificate and statement. See Certification in the instructions. Type of Fuel 1 2 3 4 5 6 7 8 9 10 11 12 (a) Number of Gallons Sold or Used (b) Rate (c) Column (a) x Column (b) $1.00 Biodiesel (other than agri-biodiesel) . . . . . . . . . 1 $1.00 Agri-biodiesel . . . . . . . . . . . . . . . . 2 $1.00 Renewable diesel . . . . . . . . . . . . . . . 3 Biodiesel (other than agri-biodiesel) included in a biodiesel mixture . . . . . . . . . . . . . . . . . . $1.00 4 $1.00 Agri-biodiesel included in a biodiesel mixture . . . . . . 5 $1.00 Renewable diesel included in a renewable diesel mixture . . 6 $ .10 Qualified agri-biodiesel production . . . . . . . . . 7 Add lines 1 through 7. Include this amount in your income for the tax year. See instructions . . . 8 Biodiesel and renewable diesel fuels credit from partnerships, S corporations, cooperatives, estates, and trusts (see instructions) . . . . . . . . . . . . . . . . . . . . . 9 Add lines 8 and 9. Cooperatives, estates, and trusts, go to line 11. Partnerships and S corporations, stop here and report this amount on Schedule K. All others, stop here and report this amount on the appropriate line of Form 3800. See instructions . . . . . . . . . . . . . . . . 10 Amount allocated to patrons of the cooperative or beneficiaries of the estate or trust (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Cooperatives, estates, and trusts, subtract line 11 from line 10. Report this amount on the appropriate line of Form 3800. See instructions . . . . . . . . . . . . . . . . . 12 For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 25778F Form 8864 (Rev. 1-2020)
Form 8864 (Rev. January 2020)
More about the Federal Form 8864 Individual Income Tax Tax Credit
Use this form to figure your biodiesel and renewable diesel fuels credit. Claim the credit for the tax year in which the sale or use occurs. This credit consists of the: Biodiesel credit, Renewable diesel credit, Biodiesel mixture credit, Renewable diesel mixture credit, and Small agri-biodiesel producer credit.
We last updated the Biodiesel and Renewable Diesel Fuels Credit in February 2020, and the latest form we have available is for tax year 2019. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Federal Internal Revenue Service. You can print other Federal tax forms here.
Other Federal Individual Income Tax Forms:
|Form Code||Form Name|
|Form 2210||Underpayment of Estimated Tax by Individuals, Estates, and Trusts|
|W-4||Employee’s Withholding Allowance Certificate|
|Form 5695||Residential Energy Credits|
|Form 8822||IRS Change of Address|
|W-4P||Withholding Certificate for Pension or Annuity Payments|
The Internal Revenue Service usually releases income tax forms for the current tax year between October and January, although changes to some forms can come even later. We last updated Federal Form 8864 from the Internal Revenue Service in February 2020.
Form 8864 is a Federal Individual Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.
About the Individual Income Tax
The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.
Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!
Historical Past-Year Versions of Federal Form 8864
We have a total of nine past-year versions of Form 8864 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
Form 8864 (Rev. January 2020)
2018 Form 8864
2016 Form 8864
While we do our best to keep our list of Federal Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.