Penske says I owe $4,000 in IFTA fees?

Discussion in 'Trucker Taxes and Truck Financing' started by Peterbuilt1013, Jan 4, 2019.

  1. Peterbuilt1013

    Peterbuilt1013 Light Load Member

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    Someone help me understand how on earth a truck that does roughly 2,500 miles a week for a period of 6 months acquires of $4,000 in IFTA tax? This is what Penske is claiming that I owe, so I am giving them 4 moths of receipts for fuel. Funny how they want to bring this to my attention when I am returning their truck.
     
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  3. stayinback

    stayinback Road Train Member

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    If your telling us the truth here, its NOT $4,000 in iFTA, More like $400 in IFTA.
    Obviously a Mistake,

    But with the Internet- People will say the darndest things.........

    $4,000 in ifta in a 6 month period,youd need about 10 trucks. Cmon here....
     
  4. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    Where did you run? Where did you buy fuel? Did you shine on reporting your mileage so it defaults to a flat sum?
     
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  5. Peterbuilt1013

    Peterbuilt1013 Light Load Member

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    48 states is what I told him I will run. Estimated the miles avg at 2,500. They told me nothing about reporting milage. They are conveniently telling me now. I have all my fuel receipts. Reporting IFTA per our fuel milage and receipts is no where near 4,000 in tax for less than 2,500 miles per week for 6 months. Correct?
     
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  6. DieselDrivinDaddy

    DieselDrivinDaddy Light Load Member

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    Penske must have read your post about rebuilding and renting out old trucks.

    They realized you’re an easy target.
     
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  7. Peterbuilt1013

    Peterbuilt1013 Light Load Member

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    Chicago
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    Right, so why is the Penske employee trying to tell me this? I asked him politely do you think I am an idiot? He said no he doesn't think I am an idiot. So ... I'm giving him 6 months of fuel receipts. Go from there.... I guess.
     
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  8. stayinback

    stayinback Road Train Member

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    Right, So its obvious then- Pay your taxes on what you have run- Simple as that- They Continue to give you grief-Which they wont- Get your attorney to call them- Then they'll play nice.

    Of Course, If your being 100% honest with us.

    Pretty cut and dry here.
     
  9. DieselDrivinDaddy

    DieselDrivinDaddy Light Load Member

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    On a serious note, you’re leaving out the two pertinent details that we need to answer your question.

    1: What state(s) are you running your miles in?

    2: What state(s) are you purchasing fuel in?

    No one can help you without that information.
     
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  10. Bean Jr.

    Bean Jr. Road Train Member

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    I don't believe that info would add up to that much. What would is is he fueling at Penske? If so, I don't think they charge ifta on purchases. Owing tax on every purchase would add up to close to $4,000 in 6 month period.
     
  11. DieselDrivinDaddy

    DieselDrivinDaddy Light Load Member

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    I agree that I don’t think it could add up to that much.

    However, no one can help find what the real cost is without those numbers as well as any hidden costs associated with letting someone else file your IFTA. They could be charging a rediculous rate just for that service.
     
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