Form Ia 137 - Ethanol Promotion Tax Credit - 2012

Download a blank fillable Form Ia 137 - Ethanol Promotion Tax Credit - 2012 in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Form Ia 137 - Ethanol Promotion Tax Credit - 2012 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

ADVERTISEMENT

Iowa Department of Revenue
Print Form
Reset Form
2012 IA 137
Ethanol Promotion Tax Credit
This is not a motor fuel tax credit or refund form. It is an income tax form.
Enclose this form with your Iowa individual or corporation income tax return.
Name(s)
SSN or FEIN
Tax Period Ending
Pass-through entity (if applicable).
Pass-through FEIN
Attach a list if multiple pass-through entities.
PART I – Determination of Biofuel Distribution Percentage and Biofuel Threshold Percentage Disparity
Indicate determination method:
2012 GALLONS
2013 GALLONS
Company-wide
Site-by-site
Beginning of tax year through 12-31-12
01-01-13 through end of tax year
A
B
C (A x B)
D
E
F (D x E)
1. E10 gallons sold ......................................................... 1. __________________ 10% ___________________
1. _________________ 10% __________________
2. E15 gallons sold ......................................................... 2. __________________ 15% ___________________
2. _________________ 15% __________________
3. E85 gallons sold ......................................................... 3. __________________ 79% ___________________
3. _________________ 79% __________________
4. Ethanol gallons other than E10, E15, or E85 sold ... 4. ____________________ % ___________________
4. ___________________ % __________________
5. Total ethanol sold. Add lines 1 through 4 ................ 5. __________________________________________
5. ________________________________________
6. Non-ethanol gasoline gallons sold ............................ 6. __________________________________________
6. ________________________________________
7. Total gasoline gallons sold. Add lines 1,2,3,4 & 6.. 7. __________________________________________
7. ________________________________________
8. Gallons of biodiesel sold
B2 gallons .................................... a.
___________________ 2% _________________________________________ 2% __________________
B5 gallons .................................... b.
___________________ 5% _________________________________________ 5% __________________
B10 gallons ................................. c.
__________________ 10% ________________________________________ 10% __________________
B20 gallons ................................. d.
__________________ 20% ________________________________________ 20% __________________
Other biodiesel gallons ............... e.
____________________ % __________________________________________ % __________________
8. Total biodiesel sold. Add lines a through e..................
8.
8.
9. Total biofuel sold. Add lines 5 and 8. ........................ 9. __________________________________________
9. ________________________________________
%
%
10. Divide line 9 by line 7, round to 2 decimal places;. 10. _________________________________________
10. ________________________________________
i.e. 12.05% (Biofuel distribution percentage)
%
%
11. Biofuel threshold percentage ................................... 11. __________________________________________ 11. ________________________________________
Fiscal year filers see instructions to annualize line 7.
If line 7 for 2012 for all sites is 200,000 gallons or less, enter 11%.
If line 7 for 2013 for all sites is 200,000 gallons or less, enter 12%.
.
If line 7 for 2012 for all sites is more than 200,000 gallons, enter 13%
If line 7 for 2013 for all sites is more than 200,000 gallons, enter 14%.
12. Subtract line 10 from line 11, to 2 decimal places. If zero or less, enter
%
%
zero. (Biofuel threshold percentage disparity) ....... 12. __________________________________________ 12. _____________________________________
If line 12 is 4.01% or more, you are not eligible for the credit.
*1241151019999*
41-151a (10/10/12)

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 4