Arizona Form 313 - 2000 Alternative Fuel Vehicle (Afv) Credit (Page 2 of 7) in pdf

elect to opt out of the credit provisions. If the taxpayer elects to opt

reduced by any grant that the lessor may have received. The

out, the taxpayer will receive a payment equal only to the cost of

lessee may not claim a credit for the incremental cost of the

conversion if the vehicle is converted, or the incremental cost if the

vehicle. If the lease agreement so provides, the lessee may share

vehicle is an original equipment manufactured AFV. The payment is

the credit with the lessor.

in lieu of a grant or a tax credit. To be eligible for this payment, you

•

The credit for converting a used conventionally fueled vehicle to

must have filed Arizona Form, Notice of Intent to Claim Alternative

operate on alternative fuel is the cost of the conversion.

Fuel Credit or Opt Out Payment , to the Office of Alternative Fuel

Recovery/Department of Revenue.

•

The total amount allowed for a credit, plus any grant that may

If you elect to opt out, you must apply to the Office of Alternative

have been received cannot be more than the actual purchase

Fuel Recovery/Arizona Department of Administration by March 9,

price or cost of the vehicle.

2001 for payment.

Refund Information

Equitable Relief

If the credit allowable for the 2000 taxable year exceeds the income

If the taxpayer transfers the vehicle to any person, other than a

taxes due for the 2000 taxable year, the taxpayer may make an

member of the taxpayer’s immediate family or a person who resides

irrevocable election to have the refund paid in a lump sum, to have

in the same household as the taxpayer, within 36 months after the

the refund paid in 2 annual installments, or to have the refund paid in

initial registration of the vehicle or if the vehicle is registered in

3 annual installments.

Arizona for less than 36 months, or fails to meet the fuel usage or

No interest will be paid on refunds made in installments.

emission requirements, the taxpayer may be eligible for equitable

relief if both of the following apply:

Amounts refunded under this program will be subject to federal and

Arizona tax. The department will issue a statement to you and to the

The taxpayer was unable to meet the above requirements due to

IRS indicating the amount refunded to you. The statement issued to

circumstances that would make the requirement unfair or

the IRS will include the total refund, regardless if choose a lump sum,

inequitable to the taxpayer; and

2 annual installments or 3 annual installments.

The taxpayer acted in good faith and intended to primarily propel

Attachments

the vehicle with alternative fuel.

See Department of Revenue general tax procedure, GTP 01-01 for

When you claim a credit on Form 313, you must attach a copy of the

more information about equitable relief.

notice, affidavit or AFV verification received from the Office of

Alternative Fuel Recovery/Department of Commerce. You should

You may apply for equitable relief when you claim the credit. Use

also attach appropriate documentation to verify your fuel usage.

Form AFV-RR, Request for Relief From Alternative Fuel Vehicle

Requirements , to apply for equitable relief. If you apply for equitable

The department may also ask for additional documentation upon

relief when you claim the credit, attach your equitable relief request to

audit.

your income tax return.

Treatment of Prior Year AFV Credits

If the department does not grant you equitable relief and disallows

your credit, you will be billed for any tax, penalty and interest that

If you have a carryover from taxable years beginning before January

results from that disallowance. To avoid penalty and interest charges,

1, 2000, you may continue to use any allowable carryover from those

you can file your original return without claiming the credit, then file

credits for a period of up to 5 consecutive taxable years from the

an amended return to claim the credit. If you choose to claim the

taxable year in which the credit was originally claimed.

credit on an amended return, be sure you attach your equitable relief

Use of This Form

request to the amended return.

Credit Amounts

Use this form to do the following.

•

Figure your AFV and refueling equipment subtraction allocable

•

If you purchased a new or used AFV and you received a grant

to 2000 from 1998.

from the Arizona Department of Commerce, you may claim a

•

tax credit for the incremental cost of the vehicle.

Figure your AFV credit for 2000.

•

If you purchased a new or used AFV and you apply for a

Figure how much of an AFV credit carryover you have available

grant from the Arizona Department of Commerce, but funds

from a prior taxable year.

are not available for a grant, and the Arizona Department of

NOTE: If you are eligible for a credit from more than one source

Commerce sends you an affidavit that states that you are

(e.g., direct investment, flow-through from a partnership or S

eligible for the tax credit, you may claim a credit in the

corporation), complete a separate Form 313 for each source.

amount specified under A.R.S. §§ 43-1086.B (individuals)

or 43-1174.B (corporations), plus the incremental cost of the

Do not use Form 313 to claim a credit for a neighborhood electric

vehicle.

vehicle (NEV) or a carryover of a credit for a NEV. If you are

•

claiming a credit or credit carryover for a NEV, use Form 328.

If the AFV is a leased vehicle, and the lessee received an AFV

verification from the Arizona Department of Commerce, the

What is an AFV?

lessee may only claim a credit in an amount specified under

An AFV is a vehicle that is primarily propelled by an alternative fuel.

A.R.S. § 43-1086.B or 43-1174.B.

This amount must be

Arizona Form 313 - 2000 Alternative Fuel Vehicle (Afv) Credit Page 2

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