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You can only claim the credit if your biodiesel supplier passes it on to you, OR, If you make Biodiesel and sell it as a blend you can claim the credit, but only if you join the National Biodiesel Board [ $5,000 per year! ]
The credit is not for "home-brewers", sorry..............
FABMANDELUX.
__________________
Oregon Chapter Leader My friends call me Don.
"I always keep a supply of stimulants handy in case I see a snake, which I also keep handy" WC Fields
i've heard somthing like, for every % of bio you use you get that many cents off per gallon as tax credit. example b20 would be a 20cent credit for every gallon of b20 you bought that calander year and b99 would be a 99cent credit, etc. Not sure if its true, and haven't really looked into it but got that impression from some people i talked too. Has anyone else heard this? I don't want to spread a rumor. As of now I try to keep all my reciepts when i buy BIO just in case.
__________________ 2011 Escape Limited v6 (Loaded) ESP 7yr/65k and Full Ford Maintenance Plan
2005 F350 6.0 (modded) ~450rwhp/900+ft/lb tq
1999 F350 7.3 (normal mods + 13" King Suspension on 40's)
1998 F150 (basic mods + 7" Suspension on 35's/Prerunner fiberglass and skidplace)
1994 Bronco (normal mods + 9" Coil Suspension on 35's)
See post #2 above............YOU CAN'T USE THE CREDIT!
FABMANDELUX.
__________________
Oregon Chapter Leader My friends call me Don.
"I always keep a supply of stimulants handy in case I see a snake, which I also keep handy" WC Fields
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