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No, the Qualified Alternative Fuel Vehicle Refueling Property Credit does not apply to converting a car to using e85 fuel.
Qualified alternative fuel vehicle refueling property is any property (other than a building or its structural components) used for either of the following.
While e85 fuel is an "alternative fuel", converting a vehicle to use e85 does not qualify for this credit.
@ToddL wrote:No, the Qualified Alternative Fuel Vehicle Refueling Property Credit does not apply to converting a car to using e85 fuel.
Qualified alternative fuel vehicle refueling property is any property (other than a building or its structural components) used for either of the following.
- To store or dispense an alternative fuel (defined below) other than electricity into the fuel tank of a motor vehicle propelled by the fuel, but only if the storage or dispensing is at the point where the fuel is delivered into that tank.
- To recharge an electric vehicle, but only if the recharging property is located at the point where the vehicle is recharged.
While e85 fuel is an "alternative fuel", converting a vehicle to use e85 does not qualify for this credit.
Suuuper necro-post and nobody would care anymore but from what I read on the law, OP should have qualified?
Businesses and individuals are eligible for an income tax credit of up to 50% of the equipment and labor costs for converting vehicles to operate using alternative fuels. Qualified alternative fuels include natural gas, propane, hydrogen, electricity, and fuels containing at least 85% ethanol, methanol, ether, or another alcohol.
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