The Kansas Alternative-Fuel Tax Credit, claimed using Schedule K-62, was a tax credit designed to encourage investment in alternative-fueled motor vehicles and alternative-fuel fueling stations. The credit was authorized under K.S.A. § 79-32,201.
Key Details About Schedule K-62
- Purpose: The credit was available for qualified expenditures related to alternative-fueled motor vehicles and alternative-fuel fueling stations.
- Eligibility: When available, the credit was limited to eligible taxpayers who met the requirements under Kansas law. The credit was not available to individual taxpayers for tax years beginning after 2012.
- Form Used: Schedule K-62 (Alternative-Fuel Tax Credit).
- Current Availability: The Kansas Alternative-Fuel Tax Credit was repealed for tax years beginning after December 31, 2017. No new credits are allowed for the 2025 tax year or later tax years.
Applicability to Individual Tax Returns
Schedule K-62 does not apply to Kansas individual income tax returns for the 2025 tax year. Individuals cannot claim this credit because the credit is no longer available under current Kansas law.
Important Notes
- Schedule K-62 is a historical Kansas tax credit schedule and should not be used to claim a credit on a 2025 Kansas income tax return.
- Taxpayers should refer to the official Kansas Department of Revenue forms and instructions for historical information and current filing requirements.
Source:
Kansas Schedule K-62 – Alternative-Fuel Tax Credit (PDF)
Disclaimer: Always verify tax information with the official Kansas Department of Revenue forms and instructions, as well as federal tax guidance, for the most accurate and up-to-date details.