Doing fuel tax - IFTA Reporting and rounding gallons.
Discussion in 'Ask An Owner Operator' started by Mosinee dave, Dec 10, 2018.
Page 2 of 3
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
Virginia has an online tool for Fuel taxes, but I pay someone to do mine... I go online and log into my omnitracs and Pull the mileage sheet from there showing all states.. I give it to them and so far my fuel taxes have been really low like $70 per quarter
-
KeepTruckin can create quarterly reports summarizing miles driven in each state, then all you need to do is to enter fuel transactions and you're all set for IFTA filing. I am based in Illinois and Illinois has a Website to report IFTA where you enter the miles and gallons (from Keep Truckin reports in my case) and it does the rounding for you. Easy enough not to pay anyone else to do that.
whoopNride Thanks this. -
Indiana has all there tax in the pump price.
Oregon gallons are reported, not taxed for IFTA, used to calculate fuel mileage.
In fact all miles are reported on your IFTA. These are the miles you report on your IRP.
Wisconsin DMV Official Government Site - MC IFTA & IRP record keeping
Information to state website videos.
It is easy to do. Don't forget to keep track of the route you drove in each state.
Good luck. -
That sounds like the best way to get an audit. LOLxsetra and stillwurkin Thank this.
-
Like other guy said round it off at pump best way. I use Truckn pro program it calculates for you plugs in routing as well. However im leased to a mc they file for me. I use it for habit so if i get my own authority it will be piece of cake.
-
Don't understand why everyone is making this so difficult. When you are filing your ifta, if you purchased 1200.567 gallons..round it to 1201 gallons. Even if it was 1200.500 gal. Now it its 1200.498 or .499 leave it at 1200.00 gal. Basic math. Don't have to play around at the pump making even gallons. Been doing my own ifta ever since it was implemented.AlexanderK Thanks this.
-
and might make 12 cents worth of difference anyways
-
And if it's exactly 122.5?
See "odd-add rule". If the previous digit is odd you round up, and if it's even you round down. -
Exactly 122.5 goes to 123 per basic rounding rules.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 2 of 3