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How to use or fill out fuel dealers are no longer required to report and collect tax
- Click ‘Get Form’ to open it in the editor.
- Begin by entering your company name, FEIN, and the collection period at the top of the form. This information is crucial for proper identification.
- Proceed to Line 1 where you will report your beginning physical inventory of various fuel types. Ensure that these amounts match your previous month's return.
- For Line 2, enter the total receipts from your transactions during the reporting period. Make sure this aligns with your detailed schedules.
- In Line 3, input your disbursements for the same period. Again, ensure consistency with your supporting documentation.
- Complete Lines 4 through 26 as instructed, ensuring all calculations are accurate and reflect any applicable taxes or allowances.
- Finally, sign and date the return before submission to confirm its accuracy and completeness.
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