Alternative Fuel Credit (5-2-12 Update)

UPDATE:

Just got off the phone with the Income Audit Division of the DOR. There will be no more credits issued for E85 Flex Fuel vehicles.

All of those who have received the credit for "Flex Fuel" vehicles will have to repay it.

I questioned whether the taxpayers who have to repay the credits can repay in installments without penalty and interest as the DOR's Customer Service Department was advising taxpayers who called to file amended returns claiming the credit for the Flex Fuel vehicles. I was then told that this type of payment arrangement was already being discussed....nothing final yet, but they do realize that many of the taxpayers who have filed for and received the credit did so as directed by the Customer Service Department.

Cathy