Retroactive extension of biodiesel, alternative fuel excise tax incentives

Notice 2015-3: Retroactive extension of biodiesel

The IRS today released an advance copy of Notice 2015-3 providing rules for claimants to follow and make a one-time claim for credits and payments for biodiesel (including renewable diesel) mixtures and alternative fuels sold or used during calendar year 2014.

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Notice 2015-3 [PDF 29 KB] also provides instructions to claim a credit credit for alternative fuel mixtures sold or used during calendar year 2014.


The biodiesel and alternative fuel incentives were retroactively extended by the Tax Increase Prevention Act of 2014, enacted in December 2014.

Notice 2015-3 provides the only methods for claiming 2014 biodiesel mixture and alternative fuel incentives. The IRS will not process such claims submitted after August 8, 2015, or submitted by any method or on any form that is not described in Notice 2015-3.

The notice does not affect 2014 claims for the nonrefundable income taxes credits for second generation biofuel producers, biodiesel mixtures, biodiesel (unmixed), or small agri-biodiesel producers or claims for the refundable income tax credit for biodiesel mixtures or alternative fuel.


For more information, contact a tax professional with KPMG’s Excise Tax Practice group:

Taylor Cortright | +1 (202) 533 6188 |

Deborah Karet Gordon | +1 (202) 533 5965 |

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