Clean Fuel Vehicle Tax Credit (code 05)

UC §59-10-1009

Utah taxpayers may claim a non-refundable tax credit for the original purchase or lease of a clean fuel vehicle or the purchase of equipment to convert a vehicle to clean fuel. The credit may only be taken once per vehicle.

Claiming the Credit

To claim this credit, complete form TC-40V, Clean Fuel Vehicle Tax Credit, which must be certified by the Department of Environmental Quality’s Division of Air Quality. The division of air quality will calculate the credit amount. 

Any tax credit in excess of tax due will not be refunded, but may be carried forward to offset tax for up to five years. Do not submit form TC-40V with your tax return. Keep the form and all related documents with your tax records. The credit is claimed by entering the allowable credit on your Utah TC-40A, Part 4, using code 05.

For more information, contact:

Division of Air Quality
195 North 1950 West
PO Box 144820
Salt Lake City, UT 84114-4820
Telephone 801-536-4000
Fax:  801-536-0085