Fuel retailers who sell ethanol or other renewable fuels may qualify for a federal tax credit according to the Internal Revenue Service (IRS). Form 8911 is available for c-store operators who have depreciable property (refueling property used for business or investment purposes) and is treated as a general business credit. The IRS does note that any credit not attributable to depreciable property is treated as a personal credit.
To learn more about the tax credit, click here.
To access the form for the tax credit, click here.