Form Rpd-41340 - Blended Biodiesel Fuel Tax Credit Claim Form printable pdf download

RPD-41340

State of New Mexico - Taxation and Revenue Department

Rev. 6/21/2013

BLENDED BIODIESEL FUEL TAX CREDIT CLAIM FORM

WHO MAY USE THIS FORM. A rack operator or supplier who is approved to claim the blended biodiesel fuel tax credit against

personal or corporate income tax due, must submit Form RPD-41340, Blended Biodiesel Fuel Tax Credit Claim Form, along with

the personal or corporate income tax return, to claim the credit. Unused blended biodiesel fuel tax credit may be carried forward

for five years from the date of the certificate of eligibility. Beginning on or after January 1, 2013, the blended biodiesel tax credit is

not available, however, a taxpayer may claim a carryforward of the credit.

For assistance with completing this form, obtaining Taxation and Revenue Department (TRD) approval or claiming the credit, please

call (505) 827-6811.

CRS identification number

Terminal code

Name of business

Name and phone number of contact person

Enter the report period as shown on the attached personal income tax return

through

MM/DD/CCYY

Instructions for worksheet to compute the total unused credit available

Credit number. For each blended biodiesel fuel tax credit approved by TRD, enter the credit number from the approval

(a)

letter. If additional space is needed, attach a schedule on a separate page in the same format as the worksheet below. Do

not enter a credit approved for a tax year that is more than five years from the tax year of this claim or if the credit was not

approved by TRD. Unused credit may only be carried forward for five years following the tax year for which the credit was

approved.

Amount of credit approved. For each credit number listed in column (a), enter the amount of credit approved.

(b)

Credit applied to prior year returns. For each credit amount listed in column (b), enter the total amount of credit applied

(c)

to prior year personal or corporate income tax due.

Unused credit available for carryforward. Subtract column (c) from column (b).

(d)

Total credit available. Enter the sum of unused credit available for carryforward, the sum of all amounts in column (d)

Line 1.

on line 1.

Unused credit applied. Enter the amount of total credit available from line 1, to be applied to the attached New Mexico

Line 2.

corporate or personal income tax return. Do not enter more than the amount of income tax due on the return.

A taxpayer who has both a carryforward credit amount and a new credit amount derived from a credit approved for the current tax

year, shall apply the unused credit available from the oldest approved credit first.

Worksheet to compute the total unused credit available

(d) Unused credit available for

(b) Amount of credit

(a) Credit number

carryforward [(b) - (c)]

approved

year returns

Enter the sum of column (d). If supple-

Line 1. TOTAL credit available.

mental pages are attached, enter the sum of column (d) from all pages.

Enter the amount of total credit

Line 2. Unused credit applied.

available to be applied to the attached New Mexico corporate or personal

income tax return. Do not enter more than the amount of income tax due on

the return.

Form Rpd-41340 - Blended Biodiesel Fuel Tax Credit Claim Form

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