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If enrolled in one of the fully insured plans (Health Alliance HMO, Aetna HMO, HMO Illinois or BlueAdvantage HMO), you will receive the form directly from the HMO plan. If enrolled in both types of plans during the calendar year, you will receive a form from both MyBenefits and the HMO plan.
Who needs to file IFTA reports?
Who needs to comply? If any or all of the trucks that you own or oversee have a registered gross vehicle weight over 26,000 lbs or have three or more axles, and travel in more than one state, you have one or more qualified vehicles and need to adhere to the quarterly reporting and IFTA filing process.
How often do carriers need to file IFTA reports?
If you have a current IFTA license you must file a IFTA quarterly report no later than the end of the month following each calendar quarter. (File in January, April, July and October). EVEN IF THE TRUCK DID NOT OPERATE YOU MUST FILE A RETURN.
Do local drivers need IFTA?
Local trucks operating exclusively within a single jurisdiction typically do not need to file IFTA. IFTA is primarily for commercial vehicles that travel across multiple jurisdictions, such as interstate or international carriers.
Are IFTA payments tax deductible?
Yes, the IFTA taxes are deductible. Taxes on gasoline, diesel fuel, and other motor fuels that you use in your business can be deducted as a business expense for carrying out your trade or business.
mfut 15 ifta quarterly return
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illinois ifta quarterly return
2012 Illinois Update
Starting with the 4th quarter MFUT-15, IFTA Quarterly Return, returns must also be completed through MyTax Illinois. INDIVIDUAL INCOME TAX ACCOUNTS.
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