IFTA tax rates change nearly every quarter. The 3rd quarter of 2020 is no different.
Several large jurisdictions have made significant changes. Some rates are up and some are down. Below we have listed everything you need to know about the 3rd quarter IFTA rate changes.
Check the list to see if your base jurisdiction has adjusted its IFTA rates.
3rd Quarter IFTA rate changes
S.No. State Fuel Type IFTA Rate Changes 2nd Quarter 2020 3rd Quarter 2020 1. California Diesel .76 .795 2. Iowa Gasoline .305 .3
Gasohol .29 .3
Ethanol .29 .24
Methanol .305 .3
E85 .29 .24
M85 .305 .3
A55 .305 .3
Biodiesel .295 .301 3. Illinois Diesel .604 .611
Gasoline .524 .531
Gasohol .524 .531
Propane .6 .607
Liquid natural gas .604 .611
Compressed natural gas .483 .49
Ethanol .524 .531
Methanol .524 .531
E85 .524 .531
M85 .524 .531
A55 .524 .531
Biodiesel .604 611 4. Indiana Diesel .49 .51
Gasoline .3 .31
Gasohol .3 .31
Propane .49 .51
Liquid natural gas .49 .51
Compressed natural gas .49 .51
Ethanol .3 .31
Methanol .3 .31
E85 .3 .31
M85 .3 .31
A55 .3 .31
Biodiesel .49 .51 5. Massachusetts Propane .136 .178
Liquid Natural Gas .136 .178
Compressed Natural Gas .136 .178 6. Maryland Diesel .3745 .3705
Gasoline .367 .363
Gasohol .367 .363
Propane .367 .363
Liquid natural gas .367 .363
Compressed natural gas .367 .363
Ethanol .367 .363
Methanol .367 .363
E85 .367 .363
M85 .367 .363
A55 .3745 .3705
Biodiesel .3745 .3705 7. Michigan Diesel .373 .379
Gasoline .338 .371
Gasohol .338 .371
Propane .373 .379
Liquid natural gas .373 .379
Compressed natural gas .338 .371
Ethanol .338 .371
Methanol .338 .371
E85 .338 .371
M85 .338 .371
A55 .373 .379
Biodiesel .373 .379
Hydrogen .373 .379 8. Nebraska Diesel .293 .332
Gasoline .293 .332
Gasohol .293 .332
Propane .293 .332
Liquid natural gas .293 .332
Compressed natural gas .293 .332
Ethanol .293 .332
Methanol .293 .332
E85 .293 .332
M85 .293 .332
A55 .293 .332
Biodiesel .293 .332 9. New York Gasoline .405 .391
Gasohol .231 .217
Propane .405 .391
Ethanol .405 .391
Methanol .405 .391
M85 .405 .391
A55 .405 .391 10. South Carolina Diesel .22 .24
Gasoline .22 .24
Gasohol .22 .24
Propane .22 .24
Liquid natural gas .22 .24
Compressed natural gas .22 .24
Ethanol .22 .24
Methanol .22 .24 11. Virginia Gasoline .162 .212
Gasohol .162 .212
Propane .162 .212
Liquid natural gas .183 .239
Compressed natural gas .162 .212
Ethanol .162 .212
Methanol .162 .212
E85 .162 .212
M85 .162 .212
A55 .162 .212
What is the 3rd quarter IFTA deadline?
The 2020 3rd quarter IFTA reporting deadline is November 2, 2020, since October 31 is a weekend.
You need to generate your IFTA report before the deadline, file it with your jurisdiction, and pay your tax owed to avoid penalties.
Generate your report with ExpressIFTA
Our sister-product ExpressIFTA makes IFTA reporting easy! Their system takes all your mileage and fuel information and generates automatically calculated reports and/or worksheets that you can use to file with your base jurisdiction.
They take into account all IFTA rate changes for your base jurisdiction and calculates your owed tax for you. Plus, ExpressIFTA accepts bulk data upload from spreadsheets and GPS units, cutting down on your manual data entry!
Their cloud-based solution makes it possible to start entering your data now! Your data will be saved to your account so you can come back and finish at the end of the month.
