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Show Non-highway farm engines Gasohol can help tax credit Farmers and ranchers who purchase pur-chase gasoline or gasohol solely for the operation of nonhighway farm engines may claim a credit refund of the 19-cent-per-gallon Utah motor fuel tax on their state income tax returns. The Tax Commission says taxpayers tax-payers may only claim credit for the tax paid on the purchase of fuel used in stationary or self-propelled farm machinery that is used solely for nonhighway agricultural purposes. Refunds are limited to those taxpayers tax-payers involved in commercial farming far-ming activities producing resale agricultural crops, livestock and other animals useful to man, or performing per-forming custom agricultural work using nonhighway farm equipment. Credit is not allowed for purchases pur-chases of diesel fuel, nor for fuel used in any vehicle registered for highway use. Claims for credits on your income in-come tax return must be substantiated substan-tiated by keeping legible copies of purchase invoices, receipts, etc. The receipts should show: The name and address of the taxpayer, The number of gallons and type of motor fuel, Where the fuel was purchased, and The date and amount of the purchase. Cancelled checks do not meet the above criteria to adequately substantiate off-highway gas purchases. |