Montana Form Afcr - Alternative Fuel Credit - 2008
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1MONTANA
Clear Form
AFCR
2008 Alternative Fuel Credit
Rev. 07-08
15-30-164, MCA
Name (as it appears on your tax return) __________________________________________
Your Social Security Number or Federal Employer Identifi cation Number ________________
If this credit is passed through to you from a partnership or S corporation, enter below the name of the partnership or S
corporation, FEIN and your percentage of ownership in the partnership or S corporation.
Name ___________________________________ FEIN _________________ Percent of Ownership _______ %
Please complete this form to calculate your credit. Complete a separate Montana Form AFCR for each vehicle that you
converted.
Year and make of vehicle: ________________________Date conversion completed: ______________
Alternative fuel type: ________________________
Gross vehicle weight: ______________
1. Enter your cost of the conversion here .............................................................................................. 1. _____________
2. Multiply the amount on line 1 by 50% (0.50) and enter the result here .............................................. 2. _____________
3. If your gross vehicle weight is 10,000 pounds or less, enter $500 here;
If your gross vehicle weight is more than 10,000 pounds enter $1,000 here ..................................... 3. _____________
4. Enter the smaller of line 2 or line 3. This is your allowable alternative fuel credit for this
vehicle ............................................................................................................................................... 4. _____________
5. Add the amount on line 4 for each Form AFCR that you submit and enter the result here. This is
your total alternative fuel credit ..................................................................................................... 5. _____________
If you are an individual, enter the amount from line 5 above on Form 2, Schedule V.
If you are a C corporation, enter the amount from line 5 above on Form CLT-4, Schedule C.
If you are a Partnership, enter the amount from line 5 above on Form PR-1, Schedule II.
If you are an S corporation, enter the amount from line 5 above on Form CLT-4S, Schedule II.
General Instructions
Defi nitions
When the conversion is made by your S corporation
or partnership, remember to complete the information
“Alternative Fuel” means natural gas, liquefi ed petroleum
above that identifi es the entity’s name, federal employer
gas, liquefi ed natural gas, hydrogen, electricity or any other
identifi cation number and your percentage of ownership.
fuel if at least 85% (0.85) of the fuel is methanol, ethanol or
other alcohol, ether, or any combination of these.
Can I carry any of my excess alternative fuel credit
back to a prior year or forward to a subsequent year?
Who can claim this credit?
No, you cannot. Your credit cannot exceed your tax liability.
An individual, corporation, partnership or small business
You cannot carry back or carry forward any of your unused
corporation that converts a vehicle that is licensed in
credit. Your credit will only apply in the year that you
Montana, from operating on gasoline to operating on an
convert your vehicle to operate on an alternative fuel.
alternative fuel.
What information do I have to include with my tax
How do I claim my alternative fuel credit when I
return when I claim this credit?
am a partner or shareholder in a partnership or S
corporation?
When you claim this credit, please attach a copy of
Montana Form AFCR to your individual income tax or
When the partnership or S corporation converts a vehicle
corporate license tax return. If you are an S corporation or
to operate on an alternative fuel, the entity will report the
a partnership and are claiming this credit, attach Montana
credit on its informational tax return and provide you with
Form AFCR to your Montana information return Form CLT-
information about your share of the credit.
4S or PR-1 and include a separate statement identifying
Your share of the alternative fuel credit that is passed
each owner and their proportionate share of this credit.
through to you by the S corporation or partnership is based
If you have questions, please call us toll free at
on the same proportion used by you to report your income
(866) 859-2254 (in Helena, 444-6900).
and loss for Montana tax purposes.
When you fi le your Montana income tax return electronically, you represent that you have retained all documents required
as a tax record and that you will provide a copy to the department upon request.
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