IFTA For Dummies ??

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

  1. rjjr1963

    rjjr1963 Bobtail Member

    Oct 14, 2019
    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?
    SimpleTrucker Thanks this.
  2. GraniteRiver

    GraniteRiver Light Load Member

    Apr 22, 2018
    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.
    bzinger, PE_Trans and rjjr1963 Thank this.
  3. Dino soar

    Dino soar Road Train Member

    Dec 8, 2017
    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.
    Bean Jr., PE_Trans and rjjr1963 Thank this.
  4. SteveScott

    SteveScott Road Train Member

    Nov 10, 2015
    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.
    PE_Trans and rjjr1963 Thank this.
  5. PE_Trans

    PE_Trans 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.
  6. Dave_in_AZ

    Dave_in_AZ Road Train Member

    May 4, 2015
    Single O/O should be exempt from IFTA taxes.
  7. 062

    062 Road Train Member

    Oct 20, 2013
    Care to clarify?
    GraniteRiver Thanks this.
  8. PE_Trans

    PE_Trans 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.
    Bean Jr., Dave_in_AZ and 062 Thank this.
  9. danny23tx

    danny23tx Heavy Load Member

    Feb 16, 2016
    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 .
  10. Dave_in_AZ

    Dave_in_AZ Road Train Member

    May 4, 2015
    The meaning of should implies correctness.

    You can Google it as well.
    Last edited: Nov 19, 2019
    Bean Jr. Thanks this.
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