Get Tc-40v

The TC-40V form is used to claim the Clean Fuel Vehicle Tax Credit in Utah. This nonrefundable credit supports individuals and organizations investing in cleaner vehicles. Follow this guide for a clear and systematic approach to completing the form online.

Follow the steps to complete the TC-40V form online.

1. Press the ‘Get Form’ button to access the TC-40V form and open it in the online editor.
2. In Part A, provide the taxpayer's name, telephone number, address, city, state, and ZIP code. Ensure all details are accurate and reflect your current information.
3. Input your Social Security number or Employer Identification Number (EIN) in the respective field.
4. Enter the Vehicle Identification Number (VIN) of the vehicle you are claiming the credit for.
5. Indicate the fuel used by the vehicle by selecting the correct option: propane, electricity, natural gas, or other.
6. Confirm that the vehicle meets federal Clean Air Act standards by checking the appropriate box.
7. Complete the applicable column based on the type of vehicle for which you are claiming the credit. Refer to the instructions for clarification on which column suits your situation.
8. Calculate the vehicle purchase price or cost of conversion equipment and enter the amount in the correct column.
9. Identify the applicable credit percentage and perform calculations as required by the form for the vehicle purchase price or conversion costs.
10. Subtract any clean fuel grant received from the calculated credit amount, if applicable.
11. Document additional credit carryovers and calculations in lines 10 through 15 as necessary.
12. In Part B, make sure to leave space for Division of Air Quality certification. This section must be completed by an authorized representative.
13. Once all fields are filled out, you can save changes to your form. You may also download, print, or share the filled form as needed.

Complete your TC-40V application online today to secure your Clean Fuel Vehicle Tax Credit.