Sounds right. Here it is a different way:
Gallons burned == taxable gallons. You calculate the taxable gallons on the regular fuel tax line (Miles/avgMPG). Carry that taxable gallons number down to the surcharge line times the rate.
The rest of the values you would have put into the regular tax line aren't relevant for a surcharge line, since they are "surcharging" you for taxable gallons used in their state.
And yes this time I was looking at an actual form to make sure I wasn't guessing again LOL.
Simple New Mexico weight distance and ifta question....
Discussion in 'Ask An Owner Operator' started by fptransport, Jan 16, 2013.
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