Screen IA4136 - Iowa Motor Fuel Tax Credit (1041)

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Motor Fuel Tax Credit

Highway gallons
Amounts you enter here aren't included in the sales tax.
Invoice gallons used in farming
Amounts you enter here aren't included in the sales tax.
Average cost per gallon
Enter the average cost per gallon paid for the amount in the
Invoice gallons
fields. Subtracting the applicable Iowa fuel tax rate from the amount in this field determines the amount of sales tax used to calculate the Computation of Iowa Motor Fuel Credit.

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