Schedule Aftc-1 - West Virginia Schedule Aftc-1 Alternative-Fuel Tax Credit Page 8
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2
3
4
5
6
7
8
9Enter the appropriate credit factor for the vehicle
Home Refueling Infrastructure (from line 3) by the value
identified on line 1. Enter 0.35 (35%) if the vehicle was
on line 4.
purchase new; enter 0.50 (50%) if the vehicle was converted
to use alternative fuel and was previously registered with
Compute the Qualified Alternative-Fuel Vehicle
the West Virginia Division of Motor Vehicles.
Home Refueling Infrastructure as the smaller of the
value on line 5 (potential credit) and the value on line 6
Compute the potential credit by multiplying the
($10,000 maximum allowable credit). Also, enter the value
price (line 5A) or the actual cost of conversion (line
on Part A, line 2.
5B) by the value on line 6.
P
d – Q
A
-F
Art
uAliFied
lternAtive
uel
r
i
t
C
Enter the maximum allowable credit. Enter $7,500
eFueling
nFrAstruCture
Ax
redit
if the gross vehicle weight (from line 4) is less than
26,000 pounds, otherwise enter $25,000.
Enter the city, state, and Zip Code of the location of the
Qualified Alternative-Fuel Vehicle Home Refueling
Compute Available Alternative-Fuel Motor Vehicle
Infrastructure. A separate Part D must be completed for
Credit as the smaller of the value on line 7 (potential
each alternative-fuel refueling infrastructure for which
credit) and the value on line 8 (maximum allowable credit).
credit is to be claimed.
Also, enter this value on Part A, line 1.
Enter the total cost of the construction or purchase
Check the boxes under line 9 to certify the following:
of the Qualified Alternative-Fuel Vehicle Refueling
•
Payment for the vehicle entered on line 1 has
Infrastructure. Do not include costs associated with
been made after January 1, 2011 and on or before
exploration,
development,
or
production
activities
April 14, 2013.
necessary for severing natural resources from the soil or
•
Person claiming the credit on line 9 has taken
ground.
possession of the vehicle after January 1, 2011 and
on or before April 14, 2013.
Enter the appropriate public accessibility factor. If
the Qualified Alternative-Fuel Vehicle Refueling
•
Person claiming the credit on line 9 maintained
Infrastructure identified above is generally available for
ownership of the vehicle entered on line 1 through
public use enter 1.25, otherwise enter 1.00.
December 31, 2013.
By checking these boxes and signing the tax return, the
Enter the appropriate credit factor. If the value on
purchaser certified this information to be true.
line 3 is 1.25 then enter 0.625 (62.5%), otherwise
enter 0.50 (50%).
P
C – Q
A
-F
h
Art
uAliFied
lternAtive
uel
oMe
r
i
t
C
eFueling
nFrAstruCture
Ax
redit
Compute the potential credit by multiplying the
actual total cost of the Qualified Alternative-Fuel
**appliCaBle only for insTallaTions
Vehicle Refueling Infrastructure (from line 2) by the value
made prior To april 15, 2013**
on line 4.
Enter the city, state, and Zip Code of the location
The maximum allowable credit is to be determined
of the Qualified Alternative-Fuel Vehicle Home
by following either of these two rules:
Refueling Infrastructure.
(a). For tax periods after December 31, 2010 but prior
Enter
the
date
of
installation.
Submit
all
to January 1, 2014 – If line 3 is 1.00, the maximum
documentation related to the construction of
credit is $250,000. If Line 3 is 1.25, maximum
the Qualified Alternative-Fuel Vehicle Home Refueling
credit is $312,000.
Infrastructure. All documentation submitted must have
(b). For tax periods after January 1, 2014 but prior
dates on or before April 14, 2013.
to January 1, 2018 – Maximum credit is 20% of
the total cost per facility up to a maximum of
Enter the total cost of the construction or purchase
$400,000.
of the Qualified Alternative-Fuel Vehicle Home
Refueling Infrastructure. Do not include costs associated with
When the purchase and installation or qualified alternative
exploration, development, or production activities necessary
fuel vehicle infrastructure begins prior to January 1, 2014,
for severing natural resources from the soil or ground.
but is not completed and placed into service until after
January 14, the taxpayer may choose to fall under the rules
of either (a) or (b) but not both.
Compute the potential credit by multiplying the
actual cost of the Qualified Alternative-Fuel Vehicle
4
Alternative Fuel Tax Credit – Information and Instructions
(Rev. 1-14)
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