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New New Mexico IFTA Fuel Tax Accounts You will need to complete a New Mexico application form and submit by mail in or in person to the New Mexico Taxation Revenue Department. Incomplete applications will be returned, which will delay processing. There is a $3.50 fee per set of decals.
How do I file quarterly IFTA taxes in Texas?
IFTA fuel tax reports can be filed electronically using Webfile or EDI software, or on paper using Form 56-101, International Fuel Tax Agreement (IFTA) Fuel Tax Report (PDF), and Form 56-102, IFTA Fuel Tax Report Supplement (PDF).
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.
What triggers an IFTA Audit?
Any vehicle with at least two axles and exceeding 26,000 pounds gross vehicle weight. Any vehicle with three or more axles regardless of weight. Any vehicle equipment used in combination when the combination exceeds 26,000 pounds gross vehicle weight.
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State International Fuel Tax Agreement (IFTA) Data Reporting
by RL Schmoyer 2003 an entire calendar quarter. For June, September, December, or March, the IFTA-adjusted totals are reported on form 551M (#7 on chart) to FHWA no more than
The IFTA tax return shall cover the previous calendar quarter and shall include the following information: total distance traveled during the reporting period
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