I"am presently leased on with a company doing hotshot work with a 1 ton dually and a 40 ft. gooseneck trailer. My question is concerning the IFTA fuel tax reporting I know that you have to file it quarterly . Any other details concerning this subject would be appreciated.
Ifta Fuel Tax Reporting
Discussion in 'Trucker Taxes and Truck Financing' started by 38short, Oct 2, 2007.
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Some of the companies you lease to provide the service for a fee.
However, if not you will have to do this if you ever haul over 26001 lbs.
Then all miles will have to be recorded.
Get a tape recorder, record the mileage when you cross state lines. You can use excel worksheet or columnar pads. You will need to total the miles driven by state or province. You will need to record the fuel bought by state.
The reports are required quarterly. Total miles by state, fuel tax required by state, less tax paid by state.
This is just a simple overview. I have done many of the reports. They are a little time consuming on the record keeping side. -
I'm pretty sure the reporting starts at 10,001 lbs, not 26,001 lbs when used in a commercial application.
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There is no limit on the 10001. That is for logbook. My dodge is 12,200 and for 4 years not subject to it.
When I was DOT Superintendent for a company that had lots of dually's and big trucks, we had to comply with the 26001 rule. This is also when the IRP for apportioned plates kick in.
I'll look up the IFTA reg and post it.
From the Wisconsin IFTA site:
International fuel tax agreement (IFTA)
IFTA is an agreement among all states (except Alaska and Hawaii) and Canadian provinces (except Northwestern Territories, Nunavut and Yukon) to simplify the reporting of fuel used by motor carriers operating in more than one jurisdiction. Persons who operate qualified motor vehicles are subject to IFTA licensing.
Qualified motor vehicle - a motor vehicle used, designed, or maintained for transportation of persons or property and:
- Having two axles and a gross vehicle weight or registered gross vehicle weight exceeding 26,000 pounds or 11,797 kilograms; or
- Having three or more axles regardless of weight; or
- Is used in combination, when the weight of such combination exceeds 26,000 pounds or 11,797 kilograms gross vehicle or registered gross vehicle weight. Qualified motor vehicle does not include recreational vehicles.
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That is STATE law. As long as you stay in WI you'll be OK.
US DOT law will state 10,001 lbs when used in a commercial application. Some states like WY, FL among a few others will enforce US DOT law on hot shotters. There are plenty of horror stories of guys getting to WY, or FL no where close to compliance and being shut down. That is a favorite source of revenue for the state of WY.
One story is a guy showed up from TX with a dually and tandem dual axle trailer load. He was forced to park his tandem dually at the port and run back and forth across the state of WY to deliver his load.... 2 pallets at a time. DOT man told me the guy was 20 kinds of pissed off. To add insult to injury he could not pick up his tandem dual axle trailer even empty and pull it the 7 miles back south to exit the state of WY. He had to have a CDL driver do that for him. He told the WY guys that he shouldn't have to abide by our laws since he was from TX. They replied in case you hadn't noticed you are NOT in TX any more.
He replied he was never coming back to WY ever again. Of course the DOT man was just heart broken..... NOT......... he thought it was funny then, and every other non compliance hot shot rig since.
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You are confusing the DOT rules with the IFTA. IFTA is only for the fuel taxes. I used Wisconsin because it was the one pulled up.
You can check any of the states. The fuel agreement was ratified by all of the parties to ease the reporting requirements for trucking companies. They would only need to record the same info for all of the parties. I will try and post your Wyoming rules for you.
I have 20+ years of accounting and have prepared numerous fuel tax reports.
I have heard that they are looking at dropping the limit down to 15,000 lbs. in order to get the fuel taxes from hotshotters. -
Maybe I am making assumptions here........... But assumed it was 10,001 because I see vehicles that clearly are not set up to tow and give them a rating over 26,001 that have IFTA stickers on them. Like the Dodge Sprinter van without a hitch will not be over 26,001.
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The link for Wyoming from the DOT site: http://dot.state.wy.us/Default.jsp?sCode=vehid
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I'M SURE that dually's are not rated for 26k
i have often looked at ford's spec brochere's and as i recall they are rated upwards # high teen's per k pound's
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