Ad
related to: is diesel fuel taxable income in ohio state
Search results
Results From The WOW.Com Content Network
State Aviation Fuel Tax (excludes federal tax of 19.4¢/gal) Jet Fuel Tax (excludes federal tax of 24.4¢/gal) Notes Alabama: 9.5: 3.5 Alaska: 4.7: 3.2 Arizona: 5.0: 0: Jet Fuel is not subject to Motor Fuel Taxes Arkansas: 21.8: 22.8: Aviation Fuel and Jet Fuel are subject to 6.5% State Sales and Use Tax plus local sales and use tax based on ...
Diesel: Because diesel engines are typically more fuel efficient, and can run on cleaner blends of diesel fuel, diesel powered car buyers qualify for federal tax credits. Many Volkswagen diesel models are currently pre-approved for a tax credit of between $1,000 and $1,700. Because diesels are less common in the U.S. than standard gasoline cars ...
The Highway Trust Fund is a transportation fund in the United States which receives money from a federal fuel tax of 18.4 cents per gallon on gasoline and 24.4 cents per gallon of diesel fuel and related excise taxes. [2]
If you file a federal tax return as an individual, you could pay income tax on up to 50% of your Social Security benefits (assuming a combined income of $25,000 to $34,000).
Whether or not your refund is taxable depends on how you filed your taxes and what deductions you claimed. Here's what you should know.
The state has enacted a number of recent laws to control carbon emissions. [99] The state collects an effective rate of 24.4 cent per gallon tax on gasoline and gasohol, and 22.65 cents per gallon on diesel. [1] New York collects one of the smallest amounts of revenue from extraction taxes of any state—only 5.8 percent of its overall sources. [2]
A fuel tax (also known as a petrol, gasoline or gas tax, or as a fuel duty) is an excise tax imposed on the sale of fuel. In most countries the fuel tax is imposed on fuels which are intended for transportation. Fuel tax receipts are often dedicated or hypothecated to transportation projects, in which case the fuel tax can be considered a user ...
That's why many other sources of taxable income often get overlooked. Here are eight types of income that most Americans don't realize are taxable. %Gallery-185418%