BBSC Biodiesel Blending and Storage Credit (2019)

Description

You may use this form to calculate your Biodiesel Blending and Storage Credit.

Eligibility

Any individual, corporation, partnership or small business paying taxes in Montana

Qualifying Expenditures

The cost of investments in depreciable property for storing or blending biodiesel with petroleum diesel for sale.

Benefit

15% of the costs, up to

  • $52,500 for special fuel distributors
  • $7,500 for owners or operators of a motor fuel outlet

Carry Over

This credit can be carried forward up to seven years

Related Laws

15-32-703, MCA

ARM 42.4.2504

Previous Years