Form PT-350-I 2025

See details

4.6 out of 5

59 votes

The document provides instructions for filing Form PT-350, the Petroleum Business Tax Return for Fuel Consumption by commercial vessels operating in New York State. It outlines who must file, including operators of tugboats and towboats, and details the filing process, deadlines, and necessary calculations for reporting fuel usage. Additionally, it explains reimbursement options for commercial fishermen and includes guidelines on penalties for late filings and interest on unpaid taxes.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out Form PT-350-I with DocHub

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open Form PT-350-I in our editor.
Begin by entering the month for which you are filing, along with your legal name, federal employer identification number (EIN), and business address in the taxpayer information section.
For Line 1, input the total number of working days of vessels in New York State territorial waters during the calendar month. If none, enter 0.
On Line 2, record the total number of working days at all locations. For passenger commuter ferries, include days providing mass transportation services.
Calculate the working days ratio for each column on Line 3 by dividing the amounts from Line 1 by those from Line 2.
Enter the total gallons of motor fuel and diesel motor fuel purchased for use in vessels on Line 4.
Compute gallons used in NYS on Line 5 by multiplying the working days ratio from Line 3 by gallons shown on Line 4.
Complete subsequent lines as instructed, ensuring to calculate tax due and any credits accurately before submitting your form.

Start filling out your Form PT-350-I today using our platform for free!

See more Form PT-350-I versions

We've got more versions of the Form PT-350-I form. Select the right Form PT-350-I version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2022	4.9 Satisfied (43 Votes)
2019	4.3 Satisfied (191 Votes)
2013	4.6 Satisfied (59 Votes)
2011	4.9 Satisfied (58 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Who completes the employees withholding certificate?

After the employee completes the W-4, also called the Employees Withholding Certificate, the employer uses that data to calculate the amount of federal income tax withheld from the workers pay. The 2024 W-4 form has minor changes, so its important to ensure that the most recent version is being used.

What do I put on my employees withholding exemption certificate?

To claim exempt, write EXEMPT under line 4c. You may claim EXEMPT from withholding if: o Last year you had a right to a full refund of All federal tax income and o This year you expect a full refund of ALL federal income tax.

How to fill out an employees withholding certificate?

How to fill out a W-4 form: Step-by-step Step 1: Enter your personal information. Step 2: Account for all jobs you and your spouse have. Step 3: Claim your children and other dependents. Step 4: Make other adjustments. Step 5: Sign and date your form.

Do I claim 0 or 1 on my W4?

By placing a 0 on line 5, you are indicating that you want the most amount of tax taken out of your pay each pay period. If you wish to claim 1 for yourself instead, then less tax is taken out of your pay each pay period. 2. You can choose to have no taxes taken out of your tax and claim Exemption (see Example 2).

What is the tax exempt form for fuel?

Use Form 4136 to claim: A credit for certain nontaxable uses (or sales) of fuel during your income tax year. The alternative fuel credit. Aa credit for blending a diesel-water fuel emulsion.

How to fill out Employee Withholding Certificate form?

How to fill out a W-4 form Step 1: Enter your personal information. Fill in your name, address, Social Security number and tax filing status. Step 2: Account for all jobs or spousal income. Step 3: Claim dependents, including children. Step 4: Refine your withholdings. Step 5: Sign and date your W-4.

Form PT-350-I 2025

Here's how it works