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Utah clean fuel vehcile tax credits - how to get them

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  • #31
    Re: Utah clean fuel vehcile tax credits - how to get them

    Hi Everyone,
    I'm so glad I found a place I might get some help. We'd like to get the credit and I've got the form to fill out. I've figured out the incrimental cost part and I'm waiting until I know what my liability to the state is so I can figure the carryover. My question is, where on the Utah Tax form does the credit go? I could see a refererence to a TC 40W but not a TC40 V on the form. It does go somewhere on the Utah tax return right? Any help would be greatly appreciated. This is so confusing Thanks!!

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    • #32
      Re: Utah clean fuel vehcile tax credits - how to get them

      TC-40 (individual income tax return - http://tax.utah.gov/forms/current/tc-40.pdf) line 25 is for Nonapportionable nonrefundable credits from TC-40A, Part 4.

      Under TC-40A (http://tax.utah.gov/forms/current/tc-40a.pdf) Part 4 - Nonapportionable Nonrefundable Credits, Clean fuel vehicle credit is listed as # 5.

      In the past, the taxpayer has retained the original stamped copy of TC-40V, but recorded the dollar amount on the return.

      If you have questions on filling out forms, talk to your accountant.

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      • #33
        Re: Utah clean fuel vehcile tax credits - how to get them

        Thank you so much Luke. It makes more sense now and I feel a lot better about filing. I appreciate it!!

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        • #34
          Re: Utah clean fuel vehcile tax credits - how to get them

          Could you please let me know where in Utah I could go to have my vehicle inspected and stamped for State credit. I could not find and address on the DEQ web site.

          Thanks

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          • #35
            Re: Utah clean fuel vehcile tax credits - how to get them

            Form TC-40V is required to be filled out and mailed/presented to the division of air quality with appropriate documentation. The address is on TC-40V.

            2008 TC-40V: http://tax.utah.gov/forms/current/tc-40v.pdf
            2009 TC-40V: http://www.airquality.utah.gov/Plann...c-40v_2009.pdf

            Additional information can be found at the following site: http://www.airquality.utah.gov/Plann...Tax_Credit.htm

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            • #36
              Re: Utah clean fuel vehcile tax credits - how to get them

              I am seriuosly confused. I know that I must fill out the TC-40V and because I bought it before Jan 2009 I have to use the older form. What I am confused about is the demostration of eligibility. It says to show a Manufacturers Statement of Origin OR to have it inspected by an ASE tech. On this forum most people talk about getting the MSO. Wouldn't it be easier to get it inspected? Maybe that is just for me because I can't seem to find a MSO for a 1999 Honda Civic GX.

              Am I misinformed?

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              • #37
                Re: Utah clean fuel vehcile tax credits - how to get them

                Any Honda dealer should be able to get you a VIN-specific build sheet showing model/options/etc at no charge. The personnel at the Division of Air Quality (DAQ) are intelligent enough to know that the Civic GX is dedicated CNG vehicle; if your registration states the car is a Civic GX (would need to be titled that way) that may satisfy the DAQ. When in doubt give them a call - their number is on the TC-40V tax form


                FYI. The GSA site has publications for model years 2001 - 2009 documenting CNG incremental costs. See link below:

                http://www.gsa.gov/Portal/gsa/ep/pro...annelId=-24540

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                • #38
                  Re: Utah clean fuel vehcile tax credits - how to get them

                  Has anyone been able to find 2000 year incremental cost information? Specifically for a 2000 Honda Civic.

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                  • #39
                    Re: Utah clean fuel vehcile tax credits - how to get them

                    $4500 for a 2000 Civic. We have a window sticker posted here: http://www.cngutah.com/faq.html
                    www.CNGUtah.com

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                    • #40
                      Re: Utah clean fuel vehcile tax credits - how to get them

                      I think the problem with using GSA leasing information, which it sounds like a lot of people are relying upon as their source documentation as to cost, is that it represents the difference in price that GSA (the federal government's landlord and vehicle source) charges when federal agencies lease vehicles from them - GSA. It does not mean that is what the actual cost was when they bought the cars and trucks from the car companies. If federal agencies had to pay the $5,000 to 8,000 additional cost, there would be very few managers who would do it. I would suggest a quick email to GSA leasing would resolve the mystery and lead to larger tax credits. That is why the stated leasing costs are so low as compared to involce pricing, even on invoices where the buyer was GSA. Hope this helps.

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                      • #41
                        Re: Utah clean fuel vehcile tax credits - how to get them

                        Hi, I'm new to the forum and am looking into purchasing a CNG vehicle. I've read through the thread, but am trying to figure out how 2009 form differs from previous years (which most of the thread covers).

                        From what I can tell from the form, if I purchase a bi-fuel vehicle, the incremental cost is no longer the issue and the credit now maxes out at $2500, not $3000, taking 35% from the total vehicle rather than 50% from the incremental cost. What I'm unsure about, however, is whether line three refers to the vehicle's original cost, as the incremental cost used to, or to the price that I paid for it. Anyone know?

                        Thanks for the info!

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                        • #42
                          Re: Utah clean fuel vehcile tax credits - how to get them

                          That should be the price that you paid for the vehicle.

                          There is a good FAQ page about the credits here:
                          http://www.airquality.utah.gov/Plann...edit_QA.htm#q1

                          This page also has some good info and number you can call if you have questions:
                          http://www.afdc.energy.gov/afdc/prog...nd.php/UT/4758
                          www.CNGUtah.com

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                          • #43
                            Re: Utah clean fuel vehcile tax credits - how to get them

                            Thanks for the links!

                            That Utah FAQ still seems based on the old rules. I assume the rule about a vehicle only being eligible for the tax credit once remains, so I don't want to buy a vehicle whose credit has already been claimed.

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                            • #44
                              Re: Utah clean fuel vehcile tax credits - how to get them

                              The Utah Division of Air Quality maintains a database of VINs which have taken the credit. You can contact them via the links posted by CNG Utah.

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                              • #45
                                Re: Utah clean fuel vehcile tax credits - how to get them

                                FYI,

                                If your tax credit is carried over to another year, and the revision on your TC-40V form is 7/08, you don't need to resend it to the Division of Air Quality and have it signed/stamped again. Just continue to fill out the carryover information on the same form.
                                Jared.
                                Mountain Green, Utah
                                2003 CNG Cavalier
                                2003 CNG Silverado 2500HD

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