MOTOR FUEL TAX CREDIT.
Enter the amount of Motor Fuel Tax Credit from Schedule IA
4136, line 7. The federal Schedule 4136 cannot be used. The Iowa
credit does not apply to gasoline used in on-road vehicles or pleasure
If you have an Iowa Motor Fuel Tax Refund Permit number and have claimed any refunds during the tax year, do not claim any credit on this line.
For partnerships and S corporations, the amount of credit reported by
each partner or shareholder is based on his or her share of earnings
or losses. An additional schedule must be sent in with the IA 4136 which
should list the name of the partnership or S corporation, its federal
identification number, the total number of gallons purchased, and how
the number of gallons are divided among the partners or shareholders.
to Line 62
to Line 64