Montana Form Bbsc - Biodiesel Blending And Storage Credit - 2010
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1Clear Form
MONTANA
BBSC
Rev. 06-10
2010 Biodiesel Blending and Storage Credit
15-32-703, 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 the entity’s name and FEIN. If a
partnership, enter the percentage used to report the partnership’s income or loss for Montana tax purposes; or if an S
corporation, enter the pro rata share of the corporation’s cost of investing in the biodiesel blending facility.
Name ____________________________________________ FEIN ________________________ Percentage ______ %
Part I: Biodiesel Blending and Storage Credit
Please enter the date that you began blending biodiesel for sale _______________________________________
In order to qualify for the biodiesel blending and storage credit, you are required to answer “Yes” to the following
three questions. If you answer “No” to any one of the questions, you do not qualify for this credit.
1. Did you blend biodiesel with petroleum diesel for sale during this year? ....................................... 1.
Yes
No
2. Is the storage and blending equipment you purchased used in Montana primarily to blend
biodiesel with petroleum diesel?..................................................................................................... 2.
Yes
No
3. Is the biodiesel you blend with petroleum diesel made entirely from Montana-produced
feedstocks? .................................................................................................................................... 3.
Yes
No
Part II: Credit Computation
4. List the storage and blending equipment that you purchased that qualifi es you for this credit. Attach a copy of your
invoice that identifi es the date purchased, description of the equipment and the amount you paid for the equipment.
Date
Description of Equipment
Cost
Purchased
a.
a.
b.
b.
c.
c.
d.
d.
e.
e.
5. Add the total cost of the equipment listed on lines 4a through 4e above and enter the result. ...... 5.
6. If you are a distributor applying for this credit, multiply the amount on line 5 by 15% (0.15) and
enter the result here, but not more than $52,500. .......................................................................... 6.
7. If you own a motor fuels outlet and are applying for this credit, multiply the amount on line 5
by 15% (0.15) and enter the result here, but not more than $7,500. .............................................. 7.
8. Enter the amount of tax credit being carried forward from previous years. (Please attach a
schedule showing years and amounts of carryforward.) ................................................................ 8.
9. Add the amounts on lines 6, 7 and 8 and enter here. This is your biodiesel blending and
storage credit. ............................................................................................................................... 9.
Enter the amount from line 9 above on your appropriate tax return.
Form 2, Schedule V
Form CLT4-S, Schedule II
Form CLT-4, Schedule C
Form PR-1, Schedule II
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. If you fi le electronically, you do not need to mail this form to us unless we contact you for a copy.
*30030101*
3003
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