Sorry I couldn't find my answer in one of the threads. I have been trying to calculate the average cost of IFTA per year or per mile. The only thing I have come close to was an article that said .34 cents per mile. Does this sound accurate? So if I drive 150,000 miles per year I will pay $51,000 per year in IFTA tax? Obviously that would be between all states.
IFTA
Discussion in 'Ask An Owner Operator' started by AriGab, Feb 11, 2024.
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There are so many variables to that. I bet I didn’t pay over $20 to IFTA last year. Some quarters I will even have a credit if it works out that I buy fuel in high tax states and run a lot in lower tax states. The way we run it’s just a small amount each quarter either way.
IFTA isn’t charging you any extra money, you are just paying fuel tax for the fuel you burn in any given state, either at the pump or filing IFTA, however it works out. -
That’s not really the question/Answer, that’s pump price/fueling added at pump.
Depending on where you fuel, probably $150/quarter.
yes tax paid fuel see pump, Tax included.
Then different cost per state
https://www.oregon.gov/odot/MCT/Fuel Tax Rates/1Q2023fuelrates.pdf -
NightWind Thanks this.
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Oxbow Thanks this.
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The important aspect to consider when purchasing fuel in one state or another is what the actual price per gallon of fuel is. If state A has fuel at $4.00 per gallon with $.34 per gallon of that being fuel tax, and state B has fuel at $3.95 per gallon with $.28 per gallon of fuel tax, which is the cheaper fuel? State A is cheaper because $4.00 minus $.34 equals $3.66, while state B is $3.95 minus $.28 which equals $3.67.
This is why @m16ty stated that he sometimes gets a credit, because purchased more fuel in state A than he used, and less in state B than he used.mslashbar, AriGab, Rideandrepair and 1 other person Thank this.
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