Alcohol Fuels Credit: translation
One of several general business credits included on the General Business Tax Credit Form 3800. The alcohol fuels credit is a nonrefundable credit that is equal to the amount of alcohol used to manufacture an alcohol-based fuel for sale or use in a taxpayer's business.
The alcohol fuels credit is claimed on IRS Form 6478. In 2010, businesses could claim up to 60 cents per gallon depending on the proof and type of alcohol used.