General Instructions For Clean Fuel Vehicle Tax Credit - Utah Division Of Air Quality

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General Instructions for Clean Fuel Vehicle Tax Credit
The form must be signed by an authorized representative of the Division of Air Quality
to claim a tax credit against any Utah tax for the taxable
year in which the item is purchased.
This signature may be obtained by mailing presenting this form, along with the required documentation to
the Division of Air Quality, Department of Environmental Quality, Department of Budget/Support Services, 1950 W North Temple,
SLC, UT 84114-4820, telephone (801) 536-4000.
New Vehicles:
Taxpayers may take a tax credit against their state individual income tax or corporate franchise tax of 20 percent, up to $500 of the cost of new
motor vehicles being registered in Utah and for the first time--
(1) it is fueled by propane, compressed natural gas, or electricity;
(2) it is fueled by another fuel determined by the Air Quality Board, on or before July 1, to be as effective as the above listed fuels; or
(3) it met the clean fuel vehicle standards in the Federal Clean Air Act Amendments of 1990, Title II.
Converted Vehicles:
Taxpayers may take a credit against their state individual income tax or corporate franchise tax of 20 percent up to $400 of the conversion cost of
motor vehicles registered in Utah to be--
(1) fueled by propane, compressed natural gas, or electricity;
(2) fueled by other fuel determined by the Air Quality Board, on or before July 1, to be as effective as the above listed fuels; or
(3) it meets the clean fuel vehicle standards in the federal Clean Air Act A mendments of 1990, Title II.
Taxpayers may take a credit against their state individual income tax or corporate franchise tax of 20 percent up to $500 of the conversion cost to
convert special fuel mobile equipment to be fueled by propane, natural gas, or electricity.
Procedures
Taxpayers who purchase a qualifying vehicle shall submit the following documentation with this form to the Division of Air Quality--
(1) a copy of the Manufacturer's Statement of Origin;
(2) an original or copy of the purchase order, customer invoice, or receipt including the vehicle identification number (VIN) and
the purchase
order, customer invoice, or receipt must be in the taxpayer's name
;
(3) a copy of the Manufacturer's Suggested Retail Price document that includes a clean fuel option on the equipment list for the vehicle; or
in the case of vehicles certified as meeting the Clean Fleet Vehicle standards in Part C of the Act, the owner must make the vehicle available
for the verification by a representative of the executive secretary of an under hood decal on the vehicle for which the credit is requested.
Contact the Division of Air Quality for verification of vehicles located outside the Wasatch Front; and
(4) if the vehicle is a conversion to alternative fuels, then supply (a) documentation of compliance with applicable requirements and the current
valid Clean Fuels Tax Credit approval stamp, (b) documentation that the conversion system installed has been certified by the Utah Air
Quality Board, by providing the current valid Clean Fuels Tax Credit approval stamp issued by the executive secretary, and (c) copies of
vehicle inspection reports before and after the conversion, indicating that the vehicle passed the current applicable inspection and
Maintenance emission test in the county where the vehicle is registered. The owner is exempt from the vehicle inspection report submission
requirements, only if a vehicle is registered and is converted in a county that does not implement any inspection and maintenance program. If
the vehicle is registered in a non-inspection and maintenance county, and is converted in and inspection and maintenance county, a vehicle
Inspection record is required.
Taxpayers who
convert a vehicle
shall submit the following documentation to the Division of Air Quality:
(1) an original or copy of the purchase order, customer invoice, or receipt provided by an ASE Certified Mechanic who converted the vehicle
including
(a) conversion kit or equipment manufacturer and model number;
(b) date of the vehicle conversion;
(c) name, address, and telephone number of the person who converted the vehicle; and
(d) signature of the person responsible for the information on the conversion form.
(2) Form TC-40V, Clean Fuel Vehicle Tax Credit, identifying
(a) owner's name;
(b) social security number or federal identification number;
(c) the VIN of the vehicle being converted;
(d) fuel type before conversion; and
(e) fuel type after conversion.
(3) Vehicle emission inspection reports before and after the conversion are required, except for vehicles registered in counties without an
inspection and maintenance program. Taxpayers may only take the tax credit for vehicles registered in counties with inspection and maintenance
The Division of Air Quality must complete Part B and sign and stamp this form to properly validated.
Taxpayers must indicate the amount of qualifying expenditures and credit claimed against their individual income tax or corporation franchise
tax in Part C.
The
original
completed and signed form must be attached to your tax return. Taxpayers must keep copies of tax credit records for three years
from the date the return is filed.

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