26 U.S.C. § 34
Certain uses of gasoline and special fuels
# (a) General rule
There shall be allowed as a credit against the tax imposed by this subtitle for the taxable year an amount equal to the sum of the amounts payable to the taxpayer— (1) under section 6420 (determined without regard to section 6420(g)), (2) under section 6421 (determined without regard to section 6421(i)), and (3) under section 6427 (determined without regard to section 6427(k)).
# (b) Exception
Credit shall not be allowed under subsection (a) for any amount payable under section 6421 or 6427, if a claim for such amount is timely filed and, under section 6421(i) or 6427(k), is payable under such section.
Source: view the official text
Cited by 53
- 26 CFR § 1.1201-1 — Alternative tax.
- 26 CFR § 1.1361-4 — Effect of QSub election.
- 26 CFR § 1.1366-0 — Table of contents.
- 26 CFR § 1.1366-1 — Shareholder's share of items of an S corporation.
- 26 CFR § 1.1366-4 — Special rules limiting the passthrough of certain items of an S corporation to its shareholders.
- 26 CFR § 1.1374-1A — Tax imposed on certain capital gains.
- 26 CFR § 1.1375-1 — Tax imposed when passive investment income of corporation having subchapter C earnings and profits exceed 25 percent of gross receipts.
- 26 CFR § 1.34-1 — Special rule for owners of certain business entities.
- 26 CFR § 1.35-1 — Partially tax-exempt interest received by individuals.
- 26 CFR § 1.36B-2 — Eligibility for premium tax credit.
- 26 CFR § 1.443-1 — Returns for periods of less than 12 months.
- 26 CFR § 1.47-1 — Recomputation of credit allowed by section 38.
Show 41 more
- 26 CFR § 1.5000A-2 — Minimum essential coverage.
- 26 CFR § 1.61-9 — Dividends.
- 26 CFR § 1.642(a)(3)-1 — Dividends received by an estate or trust.
- 26 CFR § 1.642(a)(3)-2 — Time of receipt of dividends by beneficiary.
- 26 CFR § 1.652(b)-1 — Character of amounts.
- 26 CFR § 1.652(c)-4 — Illustration of the provisions of sections 651 and 652.
- 26 CFR § 1.661(c)-2 — Illustration of the provisions of section 661.
- 26 CFR § 1.662(c)-4 — Illustration of the provisions of sections 661 and 662.
- 26 CFR § 1.6654-2 — Exceptions to imposition of the addition to the tax in the case of individuals.
- 26 CFR § 1.683-2 — Exceptions.
- 26 CFR § 1.702-1 — Income and credits of partner.
- 26 CFR § 1.852-4 — Method of taxation of shareholders of regulated investment companies.
- 26 CFR § 1.854-1 — Limitations applicable to dividends received from regulated investment company.
- 26 CFR § 1.854-2 — Notice to shareholders.
- 26 CFR § 1.857-6 — Method of taxation of shareholders of real estate investment trusts.
- 26 CFR § 1.858-1 — Dividends paid by a real estate investment trust after close of taxable year.
- 26 CFR § 1.876-1 — Alien residents of Puerto Rico, Guam, American Samoa, or the Northern Mariana Islands.
- 26 CFR § 301.7701-2 — Business entities; definitions.
- 26 CFR § 48.6420-1 — Credits or payments to ultimate purchaser of gasoline used on a farm.
- 26 CFR § 48.6421-1 — Credits or payments to ultimate purchaser of gasoline used for certain nonhighway purposes.
- 26 CFR § 48.6421-2 — Credits or payments to ultimate purchasers of gasoline used in intercity, local, or school buses.
- 26 CFR § 48.6421-6 — Applicable laws.
- 26 CFR § 48.6427-1 — Credit or payments to purchaser of special fuels resold or used for nontaxable, farming, or other purposes.
- 26 CFR § 48.6427-2 — Credits or payments to purchaser of diesel or special motor fuels used in intercity, local, or school buses.
- 26 CFR § 48.6427-4 — Applicable laws.
- 26 CFR § 52.4682-1 — Ozone-depleting chemicals.
- 26 CFR § 601.201 — Rulings and determinations letters.
- 26 U.S.C. § 1366 — Pass-thru of items to shareholders
- 26 U.S.C. § 1374 — Tax imposed on certain built-in gains
- 26 U.S.C. § 1375 — Tax imposed when passive investment income of corporation having accumulated earnings and profits exceeds 25 percent of gross receipts
- 26 U.S.C. § 1503 — Computation and payment of tax
- 26 U.S.C. § 4104 — Information reporting for persons claiming certain tax benefits
- 26 U.S.C. § 4682 — Definitions and special rules
- 26 U.S.C. § 5000A — Requirement to maintain minimum essential coverage
- 26 U.S.C. § 6420 — Gasoline used on farms
- 26 U.S.C. § 6421 — Gasoline used for certain nonhighway purposes, used by local transit systems, or sold for certain exempt purposes
- 26 U.S.C. § 6427 — Fuels not used for taxable purposes
- 26 U.S.C. § 874 — Allowance of deductions and credits
- 26 U.S.C. § 882 — Tax on income of foreign corporations connected with United States business
- 26 U.S.C. § 9502 — Airport and Airway Trust Fund
- 26 U.S.C. § 9503 — Highway Trust Fund
Nearby sections (25 sections)
- 26 · Limitation based on tax liability; definition of tax liability
- 27 · Taxes of foreign countries and possessions of the United States
- 28 · Renumbered § 45C
- 29 · Renumbered § 45K
- 30 · Repealed. Pub. L. 113–295, div. A, title II, § 221(a)(2)(A), Dec.…
- 30A · Repealed. Pub. L. 115–141, div. U, title IV, § 401(d)(1)(B), Mar.…
- 30B · Alternative motor vehicle credit
- 30C · Alternative fuel vehicle refueling property credit
- 30D · Clean vehicle credit
- 31 · Tax withheld on wages
- 32 · Earned income
- 33 · Tax withheld at source on nonresident aliens and foreign…
- 34 · Certain uses of gasoline and special fuels
- 35 · Health insurance costs of eligible individuals
- 36 · First-time homebuyer credit
- 36A · Repealed. Pub. L. 113–295, div. A, title II, § 221(a)(5)(A), Dec.…
- 36B · Refundable credit for coverage under a qualified health plan
- 36C · Renumbered § 23
- 37 · Overpayments of tax
- 38 · General business credit
- 39 · Carryback and carryforward of unused credits
- 40 · Alcohol, etc., used as fuel
- 40A · Biodiesel and renewable diesel used as fuel
- 40B · Sustainable aviation fuel credit
- 41 · Credit for increasing research activities