OK I'm going to run propane/gas through the Buick and my other two cars. The kit is designed to feed a small amount of propane into the engine at all speeds. The bonus is that I will get a tax credit of the amount paid for the purchase, parts and installation of the kits. http://www.irs.gov/publications/p535/ch12.html my question is if you read in the clean burning fuels section #6 states "any other fuel that is at least 85% alcohol (any kind) or ether". What do you think it would take to get an alky kit to qualify? I know with the propane, I have to make the tanks mounting permanent, I could also do that with an alky tank. Any ideas? I am given a credit of $1500 per vehicle total.
Could an alky kit be free$$$$$ :)
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Interesting thought. I particularly noticed the following publication notation: "For vehicles that may be propelled by both a clean-burning fuel and any other fuel, your deduction is generally the additional cost of permitting the use of the clean-burning fuel."
Hopefully someone with expertise will chime in.
Thanks for posting......
Hopefully someone with expertise will chime in.
Thanks for posting......
Duel fuel
The way I understand it, is that a vehicle that burns both gas and an alternate fuel (at the same time or not) can be a clean fuel vehicle. I'm ordering the propane kit next week. I would love to install an alky kit on my Buick, and have the full price credited on my taxes
The way I understand it, is that a vehicle that burns both gas and an alternate fuel (at the same time or not) can be a clean fuel vehicle. I'm ordering the propane kit next week. I would love to install an alky kit on my Buick, and have the full price credited on my taxes
Pronto
No amount of evidence will ever persuade an idiot.
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Wow that would be fantatastic. I'm going to do some investigation at some of the tax sites.
mycarsucks
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I'm very interested in what you guys come up with as I am in the process of converting my elcamino entirely over to propane. I also have a propane kit for the GN. This could be very useful.
i'm exempt from emissions, the car is quite a ways from being able to pass an inspection, i wonder if i would still be able to qualify. does it work on the honor system or do they have to inspect and see that it does meet all the requirements (have a cat for starters) and also have alochol?
is this deucted from taxes?
is this deucted from taxes?
Emissions
I think all it states is that your vehicle must pass emmisions testing, before and after the installation of product. I don't have to worry about passing emissions, we don't have testing. My cat is a test pipe, our law states that you if you purchased a car without a cat, you don't have to install one. Mine was purchased out of state with the test pipe installed. I did not find anything on the IRS web stating that items installed must pass EPA or CARB testing, in order to claim the credit. I think they have the option to inspect it, but the guy I talked to, said he had only heard of one company he sold a propane kit to, being inspected. The company had a fleet of 50 semi trucks and claimed the max $50,000 for each one (yea they should at least check that one out) well the company never really ordered or installed the other 49 propane kits. I know some people who sell these kits say the tank must be a permanent mount (DOT approved tank not BBQ tanks) these same people also admit to using the BBQ tanks themselves.
I think all it states is that your vehicle must pass emmisions testing, before and after the installation of product. I don't have to worry about passing emissions, we don't have testing. My cat is a test pipe, our law states that you if you purchased a car without a cat, you don't have to install one. Mine was purchased out of state with the test pipe installed. I did not find anything on the IRS web stating that items installed must pass EPA or CARB testing, in order to claim the credit. I think they have the option to inspect it, but the guy I talked to, said he had only heard of one company he sold a propane kit to, being inspected. The company had a fleet of 50 semi trucks and claimed the max $50,000 for each one (yea they should at least check that one out) well the company never really ordered or installed the other 49 propane kits. I know some people who sell these kits say the tank must be a permanent mount (DOT approved tank not BBQ tanks) these same people also admit to using the BBQ tanks themselves.
Pronto
No amount of evidence will ever persuade an idiot.
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Same here in NH. Ditto on the IRS site/emmission regulations. I Sent an email question to the IRS about this. It may take a while to get an aswere but I figure it's worth a shot.
Pronto
No amount of evidence will ever persuade an idiot.
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Here's the response I got:
Your Question Was:
Is the cost of the equipment to modify a personal vehicle to burn alcohol deductable as a clean fuel vehicle? I have a 1987 Buick that I would like to install an alcohol injection system on and was wondering if the system would be deductable. Thankyou, Mike
The Answer To Your Question Is:
Thank you for your e-mail inquiry. You ask if you modify a 1987 vehicle to burn clean fuel, is this tax deductible. **I apologize for the delay in responding to your question. **I will assume that you are a U.S. citizen or resident, vehicle will be is for personal use, and is not a motor vehicle produced by an original equipment manufacturer and designed to be propelled by a clean-burning fuel. *****No, you will not be able to deduct the cost of modifying your 1987 vehicle to burn clean fuel because it will not be a vehicle produced by an original equipent manufacturer to burn clean fuel. **The following is from Publication 535: A clean-fuel vehicle is a motor vehicle produced by an original equipment manufacturer and designed to be propelled by a clean-burning fuel. The only part of a vehicle's basis that qualifies for the deduction is the part attributable to: 1. A clean-fuel engine that can use a clean-burning fuel, 2. The property used to store or deliver the fuel to the
e!
ngine, or 3. The property used to exhaust gases from the combustion of the fuel. **A motor vehicle is any vehicle that has four or more wheels and is manufactured primarily for use on public streets, roads, and highways. *****If the assumptions are not correct, or you have additional questions, send another e-mail. If you need additional assistance, please call our Customer Service Division at 1-800-829-1040. We can be reached between the hours of 7am and 10pm local time, Monday through Friday. We hope this information is helpful. Reference: Publication 17, Your Federal Income Tax, and Publication 535, Business Expenses.
IRS forms and publications may be accessed on our web site at the following address: http://www.irs.gov/forms_pubs/index.html or ordered through our toll-free forms line at:
800-829-3676
which is available 24 hours a day, 7 days a week, with 7-10 days delivery time.
Other useful toll-free numbers include:
800-829-1040 IRS Tax Help Line for Individuals
(NEW) 800-829-4933 Business and Specialty Tax Help Line
(NEW) 800-829-1954 Refund Hotline
We are interested in your opinion and providing the best possible service to you. Please take a moment to answer our survey at: http://www.irs.gov/help/page/0,,id=13155,00.html
This answer is based on our understanding of the facts you presented in your question. Omission of facts may affect the answer given.
Here's a tip for navigating the IRS web site. Use the "search" button at the left side of the web page. Enter key words or phrases for your topic in the entry box. It could help you find your answer immediately.
EMPLOYEE ID: 04-02813 Mr. Whitsey Tel.
800)829-1040 msg#: 1638216
Oh well.
Your Question Was:
Is the cost of the equipment to modify a personal vehicle to burn alcohol deductable as a clean fuel vehicle? I have a 1987 Buick that I would like to install an alcohol injection system on and was wondering if the system would be deductable. Thankyou, Mike
The Answer To Your Question Is:
Thank you for your e-mail inquiry. You ask if you modify a 1987 vehicle to burn clean fuel, is this tax deductible. **I apologize for the delay in responding to your question. **I will assume that you are a U.S. citizen or resident, vehicle will be is for personal use, and is not a motor vehicle produced by an original equipment manufacturer and designed to be propelled by a clean-burning fuel. *****No, you will not be able to deduct the cost of modifying your 1987 vehicle to burn clean fuel because it will not be a vehicle produced by an original equipent manufacturer to burn clean fuel. **The following is from Publication 535: A clean-fuel vehicle is a motor vehicle produced by an original equipment manufacturer and designed to be propelled by a clean-burning fuel. The only part of a vehicle's basis that qualifies for the deduction is the part attributable to: 1. A clean-fuel engine that can use a clean-burning fuel, 2. The property used to store or deliver the fuel to the
e!
ngine, or 3. The property used to exhaust gases from the combustion of the fuel. **A motor vehicle is any vehicle that has four or more wheels and is manufactured primarily for use on public streets, roads, and highways. *****If the assumptions are not correct, or you have additional questions, send another e-mail. If you need additional assistance, please call our Customer Service Division at 1-800-829-1040. We can be reached between the hours of 7am and 10pm local time, Monday through Friday. We hope this information is helpful. Reference: Publication 17, Your Federal Income Tax, and Publication 535, Business Expenses.
IRS forms and publications may be accessed on our web site at the following address: http://www.irs.gov/forms_pubs/index.html or ordered through our toll-free forms line at:
800-829-3676
which is available 24 hours a day, 7 days a week, with 7-10 days delivery time.
Other useful toll-free numbers include:
800-829-1040 IRS Tax Help Line for Individuals
(NEW) 800-829-4933 Business and Specialty Tax Help Line
(NEW) 800-829-1954 Refund Hotline
We are interested in your opinion and providing the best possible service to you. Please take a moment to answer our survey at: http://www.irs.gov/help/page/0,,id=13155,00.html
This answer is based on our understanding of the facts you presented in your question. Omission of facts may affect the answer given.
Here's a tip for navigating the IRS web site. Use the "search" button at the left side of the web page. Enter key words or phrases for your topic in the entry box. It could help you find your answer immediately.
EMPLOYEE ID: 04-02813 Mr. Whitsey Tel.
800)829-1040 msg#: 1638216Oh well.
Could you ask them one more ?
Pronto,
Could you ask the IRS person if they read the entire description of what a "clean-fuel vehicle property" could be?
(1) A motor vehicle (defined earlier) produced by an original equipment manufacturer and designed to be propelled by a clean-burning fuel. The only part of a vehicle's basis that qualifies for the deduction is the part attributable to:
A clean-fuel engine that can use a clean-burning fuel,
The property used to store or deliver the fuel to the engine, or
The property used to exhaust gases from the combustion of the fuel.
(2) Any property installed on a motor vehicle (including installation costs) to enable it to be propelled by a clean-burning fuel if:
The property is an engine (or modification of an engine) that can use a clean-burning fuel, or
The property is used to store or deliver that fuel to the engine or to exhaust gases from the combustion of that fuel.
http://www.irs.gov/publications/p535/ch12.html
Scroll down to the "Clean-fuel vehicle property"
They are only reading the first option for a clean fuel vehicle.
Clean-fuel vehicle property is either of the following kinds of property. Clean-fuel vehicle property is either of the following kinds of property.
(1) A motor vehicle (defined earlier) produced by an original equipment manufacturer and designed to be propelled by a clean-burning fuel. The only part of a vehicle's basis that qualifies for the deduction is the part attributable to:
A clean-fuel engine that can use a clean-burning fuel,
The property used to store or deliver the fuel to the engine, or
The property used to exhaust gases from the combustion of the fuel.
OR (the one we would need)
(2) Any property installed on a motor vehicle (including installation costs) to enable it to be propelled by a clean-burning fuel if:
The property is an engine (or modification of an engine) that can use a clean-burning fuel, or
The property is used to store or deliver that fuel to the engine or to exhaust gases from the combustion of that fuel.
Could you please ask this person if they read the entire description? Thanks!!
Pronto,
Could you ask the IRS person if they read the entire description of what a "clean-fuel vehicle property" could be?
(1) A motor vehicle (defined earlier) produced by an original equipment manufacturer and designed to be propelled by a clean-burning fuel. The only part of a vehicle's basis that qualifies for the deduction is the part attributable to:
A clean-fuel engine that can use a clean-burning fuel,
The property used to store or deliver the fuel to the engine, or
The property used to exhaust gases from the combustion of the fuel.
(2) Any property installed on a motor vehicle (including installation costs) to enable it to be propelled by a clean-burning fuel if:
The property is an engine (or modification of an engine) that can use a clean-burning fuel, or
The property is used to store or deliver that fuel to the engine or to exhaust gases from the combustion of that fuel.
http://www.irs.gov/publications/p535/ch12.html
Scroll down to the "Clean-fuel vehicle property"
They are only reading the first option for a clean fuel vehicle.
Clean-fuel vehicle property is either of the following kinds of property. Clean-fuel vehicle property is either of the following kinds of property.
(1) A motor vehicle (defined earlier) produced by an original equipment manufacturer and designed to be propelled by a clean-burning fuel. The only part of a vehicle's basis that qualifies for the deduction is the part attributable to:
A clean-fuel engine that can use a clean-burning fuel,
The property used to store or deliver the fuel to the engine, or
The property used to exhaust gases from the combustion of the fuel.
OR (the one we would need)
(2) Any property installed on a motor vehicle (including installation costs) to enable it to be propelled by a clean-burning fuel if:
The property is an engine (or modification of an engine) that can use a clean-burning fuel, or
The property is used to store or deliver that fuel to the engine or to exhaust gases from the combustion of that fuel.
Could you please ask this person if they read the entire description? Thanks!!
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