skip navigation

Search Help
Navigation Help


Main Topics
A B C D E F G H I
J K L M N O P Q R
S T U V W X Y Z #


FAQs
Forms
Publications
Tax Topics


Comments
About Tax Map

previous page Previous Page: Publication 510 - Excise Taxes - Biodiesel Fuel Credit
next page Next Page: Publication 510 - Excise Taxes - Alternative Fuel Credits
 Use previous pagenext page to find additional occurrences of topic items.Index for this Publication
taxmap/pubs/p510-026.htm#en_us_publink1000117055

Renewable Diesel Credits(p22)


rule
spacer

Renewable Diesel Credits

taxmap/pubs/p510-026.htm#en_us_publink1000117056

Renewable diesel credit and renewable diesel mixture credit.(p22)


rule
spacer

Generally, the rules for the renewable diesel credit and the renewable diesel mixture credit are the same as the biodiesel credit (defined earlier) and the biodiesel mixture credit (defined earlier). However, the small agri-biodiesel credit does not apply to renewable diesel.
taxmap/pubs/p510-026.htm#en_us_publink1000117057

Renewable diesel defined.(p22)


rule
spacer

For purposes of the renewable diesel credit or renewable diesel mixture credit, renewable diesel means liquid fuel derived from biomass that meets the registration requirements for fuels and fuel additives established by the EPA under section 211 of the Clean Air Act and the requirements of ASTM D975, D396, or other equivalent standard approved by the IRS.
Renewable diesel includes fuel derived from biomass that meets the requirements of a Department of Defense specification for military jet fuel or an ASTM specification for aviation turbine fuel. In these cases, kerosene can be treated as diesel fuel.
Renewable diesel does not include any fuel derived from coprocessing biomass with a feedstock that is not biomass (as defined in Internal Revenue Code section 45K(c)(3)).
taxmap/pubs/p510-026.htm#en_us_publink1000117059

Renewable diesel mixture defined.(p22)


rule
spacer

Renewable diesel mixture means a mixture of renewable diesel and diesel fuel (other than renewable diesel) that contains at least 0.1% (by volume) of diesel fuel (other than renewable diesel). The diesel fuel in a renewable diesel mixture may be either dyed or undyed.
taxmap/pubs/p510-026.htm#en_us_publink1000117060

Registration.(p22)


rule
spacer

You must be registered by the IRS if you produce or import renewable diesel. See Registration Requirements in chapter 1.
taxmap/pubs/p510-026.htm#en_us_publink1000117061

How to claim the renewable diesel mixture credit.(p22)


rule
spacer

The renewable diesel mixture credit must first be taken on Schedule C to reduce your taxable fuel liability for gasoline, diesel fuel, and kerosene reported on Form 720. Any excess credit may be taken on Schedule C (Form 720), Schedule 3 (Form 8849), or Form 4136.
taxmap/pubs/p510-026.htm#en_us_publink1000117062

How to claim the renewable diesel credit.(p22)


rule
spacer

You take the renewable diesel credit by completing Form 8864. All individuals and corporations taking the credit use Form 8864. Partnerships (including electing large partnerships), S corporations, estates, and trusts figure the credit on Form 8864 but divide the credit among their partners, shareholders, or beneficiaries.
If you take the renewable diesel credit, you must include the credit for the tax year in your gross income for that year.
Form 8864 is the only form on which you can claim the renewable diesel credit.
previous pagePrevious Page: Publication 510 - Excise Taxes - Biodiesel Fuel Credit
next pageNext Page: Publication 510 - Excise Taxes - Alternative Fuel Credits
 Use previous pagenext page to find additional occurrences of topic items.Index for this Publication