IFTA For Dummies ??

Discussion in 'Ask An Owner Operator' started by rjjr1963, Nov 18, 2019.

  1. rjjr1963

    rjjr1963 Bobtail Member

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    Oct 14, 2019
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    I understand the basic concept of this tax. Is this something a single O/O has to comply with?

    If so, how do you keep track of miles or gallons in each district?
     
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  3. GraniteRiver

    GraniteRiver Light Load Member

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    Yes if you run your own authority.

    I use the ELD miles and run a fuel report from my fuel card for total gallons purchased in each state.

    if you’re leased on your carrier will do it and charge you for any taxes owed.
     
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  4. Dino soar

    Dino soar Road Train Member

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    If you are old school you can write down the mileage for each state and how many gallons are purchased in each state and keep a running total or use an Excel spreadsheet.
     
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  5. SteveScott

    SteveScott Road Train Member

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    If you use only one fuel card it's easy to get the gallons off of your statement each week. I just write down the odometer pre-trip and post-trip, and reset the trip meter for each state line, then write it down at the end of the day. I have it all on an Excel spreadsheet.
     
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  6. PE_T

    PE_T Road Train Member

    I get my gallons by going to my online fuel account and generating a report showing the amount of gallons I purchased per state for the quarter.

    As for the miles, I’m still doing it old-school, recording the odometer every time I cross a stateline. I usually record it about 5 miles before I hit a stateline, and then confirm the number when I cross. I don’t trust the ELD for tracking miles since the last time I compared it with my own miles. There was a discrepancy of around 2% (if I remember correctly), and like 2 states were missing miles altogether. I’m sure the technology will get better, though.
     
  7. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    Single O/O should be exempt from IFTA taxes.
     
  8. 062

    062 Road Train Member

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    Care to clarify?
     
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  9. PE_T

    PE_T Road Train Member

    I think he’s just stating how it should be, not that it is the case. In other words, he doesn’t agree single o/o should pay the IFTA tax.
     
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  10. danny23tx

    danny23tx Road Train Member

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    Like someone stated before, I use my Eld ifta mileage reports for miles in each state and use my Fuel card reports for fuel bought in each state . It's a easy process and takes minutes to do once you get the hang of it .
     
  11. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    The meaning of should implies correctness.

    You can Google it as well.
     
    Last edited: Nov 19, 2019
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