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Re: farm fuel in highway vehicles
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Posted by T_Bone on June 20, 2007 at 13:58:03 from (4.240.90.219):
In Reply to: Re: farm fuel in highway vehicles posted by jdemaris on June 20, 2007 at 13:18:23:
Hi Matt, It's been posted on this forum as well as many other websites of the IRS direct quote on making your own biodiesel. Your allowed 400gal per person per household per year of untaxed fuel. The States however are not following that. Example in AZ you pay the road tax upfront on ALL fuel then you have to file income tax records to get the untaxed credit of $.18gal. That's even for farm fuel or off road fuel. So if you make your own biodiesel in AZ you best send the State $180 then file for a refund if any is due at the end of the year. AZ requires the tax to be paid BEFORE the fuel is used in this State or a $1000 fine will be accessed. You like the way they even make the out of State people file for AZ State Income Tax!!! T_Bone
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