In case it still hasn’t hit you, we’ll say it again: July 31st is the 2nd quarter IFTA filing deadline!
It’s important to file your IFTA tax return before the deadline to avoid major penalties. But don’t stress! There’s still a way to file your IFTA tax return in time.
ExpressIFTA handles all of your IFTA reporting needs online.
With amazing features like our free IFTA tax calculator, you can generate your IFTA tax report quickly and use it to file your IFTA tax return.
Here’s everything you need to know in order to file by the IFTA filing deadline.
Hurry! July 31st is the IFTA Filing Deadline!
Do You Need To File IFTA Fuel Tax?
If you operate in two or more jurisdictions, you must have an IFTA sticker and license.
You are also required to file a quarterly IFTA fuel tax report calculating how much fuel tax you owe (or are credited).
IFTA reporting is necessary because, while state fuel tax would typically cover mileage traveled in a certain state, truckers frequently cross state borders. Therefore, where they purchase fuel isn’t always an accurate depiction of where they’re using it.
You’re required to participate in IFTA reporting if your vehicle has 2 axles and a gross vehicle weight or combined weight over 26,000 pounds, has 2 axles and a registered gross weight over 26,000 pounds or has 3 or more axles regardless of weight.
What Information Do You Need?
To complete your IFTA tax return, you’ll need the following information:
– Total miles traveled per jurisdiction
– Total gallons of fuel consumed per jurisdiction
– Total tax paid/gallons of fuel purchased per jurisdiction
– Current tax rate per jurisdiction
Calculating this information is easy with our free IFTA tax calculator.
All you have to do is select your base jurisdiction, choose the IFTA fuel tax quarter & fuel type, and enter miles traveled/fuel purchased for each state.
We’ll do the rest!
How to Complete Your IFTA Tax Return
ExpressIFTA makes generating your IFTA tax report before the IFTA deadline simple. Plus, with our free IFTA tax calculator, you’ll get all of your IFTA filing totals with 100% accuracy.
We’ll generate an easy-to-read quarterly IFTA tax report containing everything you need to complete your return before the IFTA deadline. Print, download, or email your information at any time!
Use our IFTA tax tools to help make your IFTA filing process simpler and quicker with ExpressIFTA, so that you can meet the IFTA deadline.
