You cannot file for IFTA unless you have an account with them. Call/email the DMV in your state that deals with commercial vehicle registrations. They should be able to guide you. Signing up for IFTA is done through the particular state your business is based out of.
If you have all the miles and gallons, then IFTA is simple to file. In fact, it’s much simpler than what people think. It’s just time-consuming. In your case, though, the 10 days should be little work.
By the way, if you’re a member of OOIDA, you can call them for help. They currently have a discount on their membership. $35 for the year. Normally it’s $45.
IFTA
Discussion in 'Ask An Owner Operator' started by Blackhorse77, Apr 8, 2020.
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Hi there,
Someone completed the IFTA registration for us. I just wanted to learn how to do things myself, so I don’t have to ask someone to file every three months.
If it’s easy, then I am up for it. I like to know things. -
When you first submit your IFTA report, the website will automatically tell you if there are any errors. Once the report is submitted, IFTA probably won’t bother you unless your MPG is all over the place for every quarter. If your mpg is really high or varies a lot from quarter to quarter that may very well be an indication of a miscalculation, missing information, or in the eyes of IFTA, an attempt to cheat that can warrant an IFTA audit. Luckily, that hasn’t happened to me, but I’m very careful with my numbers.
By the way, read the IFTA manual, especially the section that deals with proper record keeping. They want you to keep records for all the miles and gallons for every month, quarter, and year. You also must have some kind of supporting documents like fuel receipts/statements, ELD logs, etc.Attached Files:
Last edited: Apr 9, 2020
Blackhorse77 Thanks this. -
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I printed a copy of the Kentucky Weight Distance Electronic Tax Form for records.
The website starts with drive.kyu.gov
So, you need to file IFTA in your home state in addition to Kentucky Weight Distance Electronic Tax Form.PE_T and ProfitWages Thank this. -
Even though we drove in only three states, we bought fuel only in Indiana. How do I make a note of that?Last edited: Apr 14, 2020
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Still not sure what should I enter for the tax amount. -
The diesel you bought is very likely ULSD, which is subject to fuel taxes. All the diesel gallons you have purchased will need to be reported to IFTA. By the way, the “total gallons purchased” also includes non-IFTA jurisdictions, but this probably doesn’t apply to you, so disregard it.Last edited: Apr 14, 2020
Blackhorse77 Thanks this. -
When you buy fuel at the pump, you're paying the tax there.
Say, your truck gets 7 miles per gallon. You drive 600 miles in Indiana for the quarter. So to not owe Indiana anything in fuel tax via IFTA you would have needed to buy 86 gallons of fuel. 86g x 7mpg= 602 miles. If you bought 100 gallons of fuel in Indiana for that quarter, you would get an IN fuel tax credit for the 14 gallon xtra.
For the state that you didn't buy fuel in, you will need to pay the fuel tax based on your trucks 7mpg. So, say you drove 600 miles in WI, but bought no fuel there, you would owe WI the WI fuel tax rate for 86 gallons.
I'm not the best at explaining things, but hope this helps... -
Not sure what to fill out for the “I” column?
And this table doesn’t show where the fuel ⛽️ was purchased?
Am I missing something here?
And yes we drove only the last week of March.Attached Files:
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