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How do I manually calculate IFTA?

How to Calculate IFTA Tax: Fuel Tax Reporting Total Miles Driven in Each State/Province X Overall Fuel Mileage = Fuel Consumed in Each State/Province X. Fuel Tax Required in Each State/Province X Fuel Tax Paid in Each State/Province X = Fuel Tax Still Owed to Each State/Province. Extra Tips for IFTA Fuel Tax Reporting.

How do I get an IFTA permit in New Mexico?

Currently to obtain an IFTA license in New Mexico you must submit an application to be sent to the Motor Vehicle Division. You will also need to purchase your IFTA decals that are $3.50 each. Each qualified vehicle is required to have one set.

Does IFTA work in New Mexico?

The State of New Mexico is a member of the International Fuel Tax Agreement (IFTA).

What is the formula for IFTA?

Calculating IFTA Taxable Miles by State The formula is rather simple from this point. Simply divide the total miles driven by total gallons to obtain the overall fuel mileage. NOTE: You can round off the miles per gallon to two decimal points.

How do I pay my IFTA in NY?

To pay by check or money order, you must submit Form IFTA-21-V, Voucher and Instructions for International Fuel Tax Agreement (IFTA) Licenses and Decals Renewed Electronically, with your payment. Form IFTA-21-V is available only through OSCAR.

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How do I file an IFTA in KY?

STEP 1: Login and Access your Account. Launch your browser and enter . STEP 2: Start the Return and your Complete Fuel. STEP 3: File your Return. Once youve completed your Fuel Schedules, the In Progress. STEP 4: View your Invoice and Make a Payment. The License Summary page will be displayed.

Can you get a New Mexico trip permit online?

Online Trip Permit To setup an online account or purchse your single trip permit, click here for more information.

Does New Mexico participate in IFTA?

The New Mexico Commercial Vehicle Bureau is responsible for the licensing and registration of motor carriers in the International Fuel Tax Agreement (IFTA).

What states do not participate in IFTA?

IFTA jurdictions are all US states except Alaska, Hawaii and the District of Columbia and Canadian provinces and territories except Yukon Territory, Northwest Territory and Nunavut.

What is the Kentucky surcharge for IFTA?

State / ProvinceRateGasoholKENTUCKY (KY)U.S.0.2460KENTUCKY (KY) (Surcharge)U.S.0.0440LOUISIANA (LA) #21U.S.0.2000MAINE (ME)U.S.31 more rows

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