State Tax Credit Forms

Tax season is upon us and included below are links to the forms provided by the Iowa Department of Revenue for PMCI members to claim the various state tax incentives tied to the retail sale of certain ethanol and biodiesel products.  As a reminder to PMCI members, retail sales in the state of Iowa include all sales to end-users.  Retail sales are not limited to those made from traditional brick-and-mortar retail sites.  Sales to end-users from tankwagons and transports are also eligible for the income tax credits.

E85 Promotion Tax Credit:  E85 Promotion Tax Credit

E15 – E69 Promotion Tax Credit:  Form 138

Ethanol Promotion Tax Credit:  Form 137

Biodiesel Tax Credit:  Form 8864

State Tax Credit Schedule:  Form 148   Form 148 Instructions
*Form 148 is required to be submitted along with all tax credit claims