Ethanol Fueling Station Tax Credit

Beginning after December 31, 2007, and before January 1, 2018, an ethanol fueling pump credit is available for 25% of the amount paid in the taxable year to install or retrofit fueling stations located in Wisconsin that dispense motor vehicle fuel consisting of at least 85% ethanol fuel. The maximum credit amount that may be claimed in a taxable year is $5,000 for each fueling station that has installed or retrofitted a pump. The credit must be claimed within four years of the tax return. (Reference Senate Bill 40, 2007, and Wisconsin Statutes 71.21(4), 71.26(2)(a), 71.34(1)(g), 71.45(2)(a)10, 77.92(4), 71.28(5j), 71.30(3)(ed), 71.47(5j), and 71.49(1)(ds))