What is the form used for?
- A credit for nontaxable sales of fuel during the income tax year.
- The alternative fuel credit.
- A credit for blending a diesel-water fuel emulsion.
Is the form Supported in our program? Yes
How to access the form: To access the form, you will need to open a 1040/Business return on the desktop and then go to Add Form/Display and type 4316.
Limits to the form: The business variant of this form can only be accessed from the desktop software. This form cannot be copied.
Solution Articles:
6478 - Biofuel Producer Credit
IRS Publication: https://www.irs.gov/forms-pubs/about-form-4136