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.
Penske says I owe $4,000 in IFTA fees?
Discussion in 'Trucker Taxes and Truck Financing' started by Peterbuilt1013, Jan 4, 2019.
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rabbiporkchop and Rideandrepair Thank this.
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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....rabbiporkchop, bzinger, jbgrim72 and 6 others Thank this. -
Where did you run? Where did you buy fuel? Did you shine on reporting your mileage so it defaults to a flat sum?
speedyk, rabbiporkchop, KB3MMX and 3 others Thank this. -
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?
Rideandrepair Thanks this. -
Penske must have read your post about rebuilding and renting out old trucks.
They realized you’re an easy target. -
Rideandrepair Thanks this.
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Of Course, If your being 100% honest with us.
Pretty cut and dry here.D.Tibbitt, Rideandrepair and DieselDrivinDaddy Thank this. -
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.roshea, rabbiporkchop, bzinger and 3 others Thank this. -
KB3MMX, Studebaker Hawk, Rideandrepair and 1 other person Thank this.
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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.roshea, deathB4decaf, Bean Jr. and 1 other person Thank this.
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