WebPurpose of Form I-385 Use form I-385 if you are a resident taxpayer claiming a refundable credit for the lesser of the increase in South Carolina motor fuel user fee you paid during the tax year or the preventative maintenance costs … WebMar 23, 2024 · To claim the credit, filers have to keep track of how many gallons of motor fuel they bought in 2024, and how much they spent in car maintenance or repairs. You …
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Webthe lesser of the increase in South Carolina motor fuel user fee you paid during the tax year or the preventative maintenance costs you incurred in South Carolina during the tax year. Refer to the instructions of form I-385 at dor.sc.gov/forms and SC Revenue Ruling #17-6 at dor.sc.gov/policy for detailed information concerning the credit. WebQuick steps to complete and e-sign Credit tax fuel online: Use Get Form or simply click on the template preview to open it in the editor. ... The credit is claimed on the resident taxpayer's income tax return. The credit is calculated on South Carolina Form I-385, “Motor Fuel Income Tax Credit.” This form must be included with the taxpayer ... geriatric psychiatrist north county san diego
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WebForm I-385 South Carolina Motor Fuel Income Tax Credit Form 4868 SC Request for Extension of Time to File MORE Frequently Asked Questions What is a full-year resident of South Carolina? What is a part-year resident of South Carolina? What is a nonresident of South Carolina? What is the South Carolina Motor Fuel Income Tax Credit? Web-Automatically produce the information to file the Motor Fuel Income Credit Form I385 -Easily document and track fuel purchases and preventative maintenance for up to 2 vehicles -View a detailed overview of your fuel purchases and maintenance -Track and store fuel receipts within the app more What’s New Version History Version 1.2 WebPublic Law 117-169, 136 Stat. 1818 (August 16, 2024), commonly known as the Inflation Reduction Act, retroactively reinstated and extended the following fuel tax credits through December 31, 2024: Alternative fuel credit. Alternative fuel mixture credit. Second generation biofuel producer credit. See Notice 2024-39 PDF for information on how to ... geriatric psychiatrist plano texas