firestar503(at)yahoo.com Guest
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Posted: Mon Apr 14, 2008 11:04 am Post subject: Fuel Tax credit |
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Hi Kolbers,
I just wanted to remind anyone who hasn't
completed their 2007 1040 tax forms that a credit
is available for fuel taxes paid for our little
airplanes.
Get Federal form 4136. If you live in Minnesota
the state form is PDR-1 AV. Other states may
have similar programs.
If you missed out this year you can file an
amended return if the money is enough or just
keep track of gallons for 2008. The federales
only ask how many gallons. Minnesota, the state
where nothing is allowed, requires the original
receipts with the form. Between the state and
federal my 2007 refund and credit totaled over
$100.00.
Jon L
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