Hello IFTA filers, we know there are no mere due dates coming up in your calendar, however we are just getting you prepared for the next quarter. We know how tedious it gets when it comes to calculations. If you are preparing IFTA return manually, you need to check on the fuel tax rate, calculate with miles and the gallons applicable for the jurisdiction and pay the dues to your base jurisdiction.

As mentioned above, the workload for an IFTA filer is sufficient to keep them running around, excluding their deliveries. We duly understand that preparing IFTA manually is a difficult and errors are welcomed and thus, TaxIFTA.com took the initiative and developed an application with inbuilt talent, which can automatically calculate your dues once the information is provided.

Well, if you have never considered online filing, then its high time you consider it and try it yourself for feature-rich experience. It would not only ease up your task and provide you with the IFTA PDF in minutes, but also reduce your workload and you can breathe ease.

Here’s a small example about how calculations takes place at TaxIFTA.com.

Assume, you are driving on the roads of South Dakota and fill your fuel tank with 100 gallons of Diesel and you are moving towards North Dakota. Once you touch the road of North Dakota, you are pumping around 200 gallons of Diesel in your rig. You get your deliveries completed and now you are required to travel through Kansas. You are pumping another 120 gallons of Diesel in your rig. So for now, you have traveled through 3 jurisdictions.

Presume, your registered base jurisdiction is Minnesota; you need to prepare your IFTA return and submit the same to your base jurisdiction by the due date. If you are late, you are supposed to file penalty for the same.

Each jurisdictions have their own fuel tax rate and when you’re preparing your IFTA return manually, you need to check on the rates, calculated based on the miles and gallons consumed in that jurisdictions. However, if you prepare your IFTA return online, you need to mention the tax year you are filing for and the quarter. Pick your base jurisdiction you are registered with, share your vehicle number, TGW and the jurisdictions you have traveled. The application would also ask you about the fuel type, gallons of fuel consumed with the miles covered in that jurisdiction.

 So, while preparing IFTA return, you should file taxes for South Dakota, North Dakota and Kansas based on the gallons of diesel you pumped in each jurisdiction and the miles covered. Also, include the other jurisdictions you are traveled during that quarter in your IFTA form.

Once you complete filing these details, your tax dues would be calculated and displayed in front of you in seconds. Almost like a wink of your eye.

When things can be this simple for you, why should you opt for preparing your return yourself. The information you provided to prepare IFTA would be imprinted on the form and converted into a PDF, which is all set to be filed to your base jurisdiction.

Oh wait this is not the end. Other than providing you with well-equipped website, we also serve our tax filers with handpicked Tax Experts to assist you with your queries and serve you the best. For support, call us at 1-866-245-3918 or write to us @ support@taxexcise.com. Join hands with IFTA, you will not regret.