Summary
(a) Allowance of credits. There shall be allowed as a credit—(1) against the tax imposed by section 4081 [26 USCS § 4081] an amount equal to the sum of the credits described in subsections (b), (c), (e), and (k), and (2) against the tax imposed by section 4041 [26 USCS § 4041] an amount equal to the sum of the credits described in subsection (d). No credit shall be allowed in the case of the credits described in subsections (d) and (e) unless the taxpayer is registered under section 4101 [26 USCS § 4101].
(b) Alcohol fuel mixture credit. (1) In general. For purposes of this section, the alcohol fuel mixture credit is the product of the applicable amount and the number of gallons of alcohol used by the taxpayer in producing any alcohol fuel mixture for sale or use in a trade or business of the taxpayer. (2) Applicable amount. For purposes of this subsection—(A) In general. Except as provided in subparagraphs (B) and (C), the applicable amount is—(i) in the case of calendar years beginning before ...