26 U.S.C. § 87
§ 87. Alcohol and biodiesel fuels credits
No plain-English explainer yet. Below is the official text. Explainers are being added section by section.
History
Added in 1980 by the Public Law 96-223. Last changed August 16, 2022 by the Inflation Reduction Act of 2022.
Every change, newest first (5)
- August 16, 2022Inflation Reduction Act of 2022
- October 22, 2004American Jobs Creation Act of 2004
- July 18, 1984Deficit Reduction Act of 1984
- April 20, 1983Public Law 98-21
- April 2, 1980Public Law 96-223 · added this section
The law as written
Current through Public Law 119-102. Amendment notes omitted.
Gross income includes—
(1)
the amount of the alcohol fuel credit determined with respect to the taxpayer for the taxable year under section 40(a),
(2)
the biodiesel fuels credit determined with respect to the taxpayer for the taxable year under section 40A(a), and
(3)
the sustainable aviation fuel credit determined with respect to the taxpayer for the taxable year under section 40B(a).