How to file and pay your IFTA fuel tax

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  • Опубликовано: 24 июл 2020
  • #IFTA #FUELTAX #TRUCKING
    In this video I will show you how to file and pay your quarterly IFTA fuel tax.
  • Авто/МотоАвто/Мото

Комментарии • 148

  • @DIYSEMI
    @DIYSEMI  3 года назад +3

    DIY SEMI, TRUCKING AND MORE
    • 59 seconds ago
    For great fuel discounts with no fuel card required, watch this video! ruclips.net/video/LjB5Y60p1qI/видео.html

  • @abdirizakibrahim9965
    @abdirizakibrahim9965 2 года назад

    i am really confused to find online how to file kyu until i find your videos and it make me so easy.
    thank you.

  • @pattiejo5859
    @pattiejo5859 3 года назад +5

    Thank you for making the learning curve a little easier as I am just beginning to teach myself the office side of trucking.

    • @DIYSEMI
      @DIYSEMI  3 года назад +3

      Stay tuned for more😁✌️

    • @DIYSEMI
      @DIYSEMI  3 года назад +1

      👍😁✌️

  • @GwuappedupDas
    @GwuappedupDas Год назад +2

    Thanks for making these videos man. Really appreciate it 🤙

  • @connersuba1037
    @connersuba1037 3 месяца назад

    I use IFTA Track on my iPhone to track everything IFTA. It automatically can track the miles in each state you drive. It really makes it simple!

  • @2fash721
    @2fash721 2 года назад +1

    Much love for this information. I appreciate you 🙏

  • @sergiom1962
    @sergiom1962 Год назад +1

    Thank you Professor.
    I was able to file ifta by my self thanks to your video😀🤣🤣🤣

  • @susanahawthorne1161
    @susanahawthorne1161 7 месяцев назад +1

    Thank you for the words of encouragement. I was able to do the large vehicle weight license with your instructions. I think that what it's called.

  • @anniewei8715
    @anniewei8715 2 года назад

    Thank you for your spreadsheet!!!

  • @newmoneytrucker6223
    @newmoneytrucker6223 2 года назад +7

    I watch this every 3 months

  • @lilianisdelgado9114
    @lilianisdelgado9114 2 года назад +1

    Thank you so much for your help.

  • @sanyasingh5750
    @sanyasingh5750 2 года назад +1

    Thank you for video.

  • @tinamunker8746
    @tinamunker8746 Год назад +2

    Please keep your detail records of miles & fuel purchase via paper or electronic for up to 4 years in case you get audited.

  • @karinamartinez1595
    @karinamartinez1595 2 года назад +1

    Thank you so much!!

  • @qptlogisticsinc6839
    @qptlogisticsinc6839 3 года назад +2

    tank you for your help

  • @ellstackeradventures
    @ellstackeradventures 3 года назад +2

    Knowledge!

  • @glowreyhomes
    @glowreyhomes 6 месяцев назад +1

    Thanks for the video! I sent you an email request for the spreadsheet and the formula. I'm now watching the video again to figure out how you came up with the taxable gallons.

  •  Год назад

    Good video thank you

  • @nicolejohnson9281
    @nicolejohnson9281 Год назад

    Do you have any guidance for hotshot drivers that use the truck for both business and personal use?
    I calculated my miles and my MPG is below the 5-10 range. What do I do? We only did 1 load for a total of 600 miles round trip and 207g purchased.

  • @TOOLPUSHER112
    @TOOLPUSHER112 3 года назад +1

    Thank you !!

  • @juntong651
    @juntong651 8 месяцев назад

    Thank you for the video , and can you tell me how to get another stiker for the other truck ? We bought another 2 trucks , but dont know how to get sticker for the new truck , if you have any information please let me know , thank you very much !!!

  • @frederick9253
    @frederick9253 3 года назад +6

    could you send me that spread sheet I do not know how to create a excel spread sheet

  • @anonymousalways1011
    @anonymousalways1011 Год назад

    Thank you so much for this video. Would you be able to do one that goes step by step on how to put together this spread sheet with the formula also? I really love your spread sheet.

    • @DIYSEMI
      @DIYSEMI  Год назад +1

      email me I will give you the spreadsheet

    • @thecargoconnect6640
      @thecargoconnect6640 Год назад

      @@DIYSEMI Hi, your video is very informative, thank you so much! I too am interested in the spreadsheet. It took me 6 hours to code a spreadsheet from youtube, but I got through it. Is it possible for you to email me the spreadsheet as well? Please and thank you. :)

  • @dpway4929
    @dpway4929 2 года назад

    Thank you for the information! Do you add empty (deadhead) miles as well to your taxable IFTA miles ?
    I get my miles from ELD and it seems to be accurate but the miles from ELD are more than in my trip reports because of the empty miles.
    Thank you!

  • @HonestNHumble
    @HonestNHumble 2 года назад

    Hi, can you suggest best insurance policy provider for trucking company.

  • @solOperator
    @solOperator 2 года назад +1

    Thanks for the vid. How do you calculate taxable gallons? Is the formula for that column set up as; miles driven in that state divided by your trucks average mpg? Or do you manually restart your trip meter every time you enter a different state and then record your gallons used?? Seems like the latter method would be easy to mess up

    • @DIYSEMI
      @DIYSEMI  2 года назад +1

      Track gallons by fuel receipts. Track miles by eld or on paper. Taxable gallons is miles traveled divided by avg mpg for the quarter. The difference between gallons purchased and gallons used determines if u under or over paid... refund/pay in

    • @solOperator
      @solOperator 2 года назад

      @@DIYSEMI thank you sir!

  • @Acts238Church
    @Acts238Church 3 года назад +1

    👍👍👍

  • @MrUVENETWORK
    @MrUVENETWORK 2 года назад

    thank you

  • @mckenzietransport3827
    @mckenzietransport3827 2 года назад +1

    This video is so informative and helpful. How do you calculate the fuel surcharges? I

  • @ivan199120
    @ivan199120 2 года назад

    What if you didn’t drive the truck for business for a certain quarter? Like if the truck was down and only driving you did was to get it to a shop. I know there’s a “no operations” but a bit confused if this applies to business miles or any moving of the truck at all even if it wasn’t for business.

    • @DIYSEMI
      @DIYSEMI  2 года назад

      as long as the truck is driven with an irp plate, all miles must be reported regardless of reason for use

  • @johnny7121
    @johnny7121 Год назад +2

    this seems like it's a lot of trouble, on top of everything else an owner operator is already keeping track of.
    how do you even know how many gallons you burn in each state? man...what a nightmare.

  • @liizy270
    @liizy270 3 года назад +3

    How do you calculate the miles? Do you calculate city to city on each load you do? What about the gallons purchased? Do you go by the amount you pay after the discount or before? Appreciate your help. This is the first time I'm doing ifta. Also, how do you calculate when you go in between states for etc texas to Oklahoma going and coming back one time.

    • @DIYSEMI
      @DIYSEMI  3 года назад +4

      First, it goes by the number of gallons you purchase in each state. Price has nothing to do with it . Second, you must track your miles you drive in each state. I write down the odometer for each state line I cross....or some ELD's track this for you

    • @liizy270
      @liizy270 3 года назад +2

      @@DIYSEMI Do you have to calculate the miles when you finish unloading the load and then drive to the truck yard to park ?

    • @DIYSEMI
      @DIYSEMI  3 года назад +3

      @@liizy270 every single mile the truck travels no matter what the purpose must be tracked

    • @liizy270
      @liizy270 3 года назад +1

      @@DIYSEMI what does total IFTA miles and total NON-IFTA miles mean?
      Also, in each jurisdiction it asks total IFTA Miles and Taxable miles what is the difference please help!!

    • @DIYSEMI
      @DIYSEMI  3 года назад +3

      Non-IFTA Miles
      Non-IFTA miles are the miles traveled in jurisdictions
      that are not members of IFTA. The Northwest Territories,
      Nunavut Territories and Yukon Territory of Canada, the
      United Mexican States (Mexico), Alaska and the District
      of Columbia are non-IFTA jurisdictions.
      If you don't travel any of these non-IFTA jurisdictions, then all your miles would be taxable.

  • @superfly4137
    @superfly4137 2 года назад +2

    Soooo, if you don't use ELD, how do you keep track of the miles in every state that you travel in?

    • @DIYSEMI
      @DIYSEMI  2 года назад +1

      Write down your odometer at every state line.... Alot of people do that

  • @dawn-mariegray73
    @dawn-mariegray73 Год назад

    Could I also get from you a copy of your excel speed for this? I would like to also start using it. You videos have vastly helped educate me. Thank you!

    • @DIYSEMI
      @DIYSEMI  Год назад

      email me diysemi@yahoo

  • @superfly4137
    @superfly4137 2 года назад +1

    Ok i have a question, @2:54 if you look it says under the column "total/tax miles" it says 3120. the next column says "taxable Gallons" with the value of 411 for IL. But then the next column it says "Tax-Paid Gallon" and that is way different value of 1522 which brings a defecit of 1111. Okay my question is why are they different values? aren't the taxable gallons the same as the tax paid gallons that you buy at the fuel station? so isn't it, if I purchased $1000 of fuel in illinios wouldn't it be the same value under the taxable gallon column?

    • @DIYSEMI
      @DIYSEMI  2 года назад +1

      no...taxable gallons is how many gallons you burned in A state based on the miles travelled and your average fuel economy.
      tax paid gallons is how many gallons you actually purchased in that state....

    • @superfly4137
      @superfly4137 2 года назад

      @@DIYSEMI thanks for clarifying i got my ifta done. Had to pay $28

  • @halisoztoklu
    @halisoztoklu 2 года назад +1

    Hello
    What does the surcharge mean in the sheet? I couldn't understand that part.
    Thanks for the video.

    • @DIYSEMI
      @DIYSEMI  2 года назад

      kentucky and virginia have a surcharge. nothing you can do about it...just do the math and pay it

  • @michellenester217
    @michellenester217 Год назад +1

    Could I get the formula you use also?

  • @OMotoristaJacobMonteiro
    @OMotoristaJacobMonteiro 3 года назад +1

    What happens if you loose a receipt?
    What happens if you are running without an ELD to track your miles (for local work)?

    • @DIYSEMI
      @DIYSEMI  3 года назад +1

      Its kinda up to you to figure ouy how to organize... Have you seen my cosr per mile video? I show ehat i do with my receipts. I track my miles on paper.

  • @abdirahmanabdi6223
    @abdirahmanabdi6223 2 года назад

    Amazing and very helpful information. I do have one question, I recently started my business which I need to file paper ifta returns for the first quarter of my business. In this case it will not calculate the burned fuel in each state, I have miles driven each state and gallons purchased. How am I going to calculate what I need to pay and if I am eligible for refund. Thank you so much

    • @DIYSEMI
      @DIYSEMI  2 года назад

      miles driven dived by gallons purchased gives you your average fuel economy. multoply that by the miles in a state and that is your gallons burned in each state. watch my other ifta video also

  • @karinamartinez1595
    @karinamartinez1595 2 года назад +1

    Do you have a video of you setting up the formulas with excel ?

    • @DIYSEMI
      @DIYSEMI  2 года назад +2

      email me i will send you the spreadsheet diysemi@yahoo.com

    • @Karla-pd9sp
      @Karla-pd9sp 2 года назад

      @@DIYSEMI Could I also email you for a copy?

  • @amandipkaur3316
    @amandipkaur3316 2 года назад

    Hello brother , what is AVG means how to get average , pls reply

  • @hounsounoukpenicholas8914
    @hounsounoukpenicholas8914 Год назад +1

    Thanks for ur help. I also want to know how to request for ifta sticker 2023 in Illinois

  • @lalocindy7135
    @lalocindy7135 2 года назад

    What if you have multiple trucks? Do have to add all gallons/ for all trucks in each state separate or add all of them together and put them on the same spread sheet. Also can you possibly send me spread sheet pls. Thank you

    • @DIYSEMI
      @DIYSEMI  2 года назад

      Add them together. See end me an email. diysemi@yahoo.com

  • @turboteknika
    @turboteknika 2 года назад +2

    This is great! Is there a way I can get the spreadsheet?

    • @DIYSEMI
      @DIYSEMI  2 года назад

      email me diysemi@yahoo.com

  • @SUNNY_EDITS166
    @SUNNY_EDITS166 2 года назад

    Great Video! DO they require receipt or support documents?

  • @truckmedia5191
    @truckmedia5191 2 года назад +2

    I'm leased on as a owner operator with my LLC. I'm leasing the truck from the carrier. I pay for my own fuel with my card, should I give the company I'm leased on to my fuel receipts? They asking me for the receipts.

    • @DIYSEMI
      @DIYSEMI  2 года назад +1

      If they do your ifta they need the receipts. Or proof of how much you bought and where. Plus they have the right to have them for compliance

    • @truckmedia5191
      @truckmedia5191 2 года назад

      @@DIYSEMI Thank you so much Brother.

  • @elite809-unlimited8
    @elite809-unlimited8 2 года назад

    Hi , great video. If I file NY
    HUT , do I have to add new york miles again to my state IFTA ?
    Thank youn.

  • @Alikuku8
    @Alikuku8 3 года назад +3

    Did you use DAT to get your owner authority thanks for looking out

    • @DIYSEMI
      @DIYSEMI  3 года назад +3

      no, i did it on my own

    • @Alikuku8
      @Alikuku8 3 года назад +1

      You dropping knowledge all the time thanks

  • @Niko-wb4ez
    @Niko-wb4ez 2 года назад +1

    Hi. Do we include vehicles not rejistered under IFTA in IFTA filling like the kilometers or fuel ? Please and thank you

    • @DIYSEMI
      @DIYSEMI  2 года назад +1

      only the vehicels that travel under your ifta permit

    • @Niko-wb4ez
      @Niko-wb4ez 2 года назад

      @@DIYSEMI thank you sir.

  • @liizy270
    @liizy270 3 года назад +1

    I have two trucks on the IFTA account. When filing do I calculate everything together? Please help!

    • @DIYSEMI
      @DIYSEMI  3 года назад +1

      Yes

    • @liizy270
      @liizy270 3 года назад

      @@DIYSEMI thank you!!!

  • @davidheaton9466
    @davidheaton9466 3 года назад +1

    You mentioned one lease purchase that was not terrible in one of your videos??? Would you mind revealing the name???

    • @DIYSEMI
      @DIYSEMI  3 года назад

      If u email me, I would give it to you. Diysemi@yahoo.com. for various reasons Im careful about giving names.

  • @augustoanariba5351
    @augustoanariba5351 2 года назад +2

    Hey bro, thank your info is very valuable.
    I have 2 questions:
    1- my judiriction is California, when filing the IFTA, do I need including NY, NM, OR, KY?
    2-when filing IFTA for NY or NM or KY or OR , I need filing separated each one and no include another states?
    Thank you.

    • @DIYSEMI
      @DIYSEMI  2 года назад

      1.all states go on your ifta
      2. the states you listed have additional filings other than ifta

  • @cigarsboozeandnews9726
    @cigarsboozeandnews9726 2 года назад

    Do you file for all your drivers or do they track that and do their own? do you get their IFTA stickers or do they apply and get them?

    • @DIYSEMI
      @DIYSEMI  2 года назад +1

      I do it all

  • @CatesCube
    @CatesCube Год назад +1

    I read you need to pay IFTA Tax even though you have an all electric vehicle, is that correct and how would one do that with no fuel comsumption?

    • @DIYSEMI
      @DIYSEMI  Год назад

      I have not seen the info on electric trucks and fuel tax yet

  • @ItsLizzB
    @ItsLizzB 2 года назад +1

    Great video! What if you don’t have your fuel receipts?

    • @DIYSEMI
      @DIYSEMI  2 года назад

      you must have some kind of record of fuel purchases...it's the law. do you have fuel card statements you could go by?

    • @ItsLizzB
      @ItsLizzB 2 года назад

      @@DIYSEMI ☹️ just started November and we only have credit card transactions indicating the purchase and date.

    • @shanqual1
      @shanqual1 2 года назад +1

      @@ItsLizzB don't know everything but from what I'm learning you need actual receipts to see exactly what's bought. That goes for all transaction altogether. You could have bought $100 worth of gum/personal items or $100 worth of gas/business items. Government wants to know exactly what you bought. If they audit you, bank statements is not enough 😏

  • @LazyVic
    @LazyVic 2 года назад +1

    How do u calculate mile burn in each city to mile bought in each city ?

    • @DIYSEMI
      @DIYSEMI  2 года назад +1

      your mileage needs to be tracked either by your eld or on paper. the keep track of the number of gallons of fuel you buy . that will give you average fuel economy

  • @juntong651
    @juntong651 9 месяцев назад +1

    Do I have to add reefer fuel in there or not , please let me know thank you

    • @DIYSEMI
      @DIYSEMI  9 месяцев назад

      No reefer fuel

    • @juntong651
      @juntong651 9 месяцев назад +1

      @@DIYSEMI thank you

  • @TabletSM-T
    @TabletSM-T 3 года назад +1

    Can you send me that spread sheet or do you have video that explains how to create the sheet and all the formulas?

    • @DIYSEMI
      @DIYSEMI  3 года назад

      please email me diysemi@yahoo.com i can send it to you

    • @TabletSM-T
      @TabletSM-T 3 года назад

      @@DIYSEMI doing it now.

    • @TabletSM-T
      @TabletSM-T 3 года назад

      What video explains this sheet?

  • @ivanbalderrama6725
    @ivanbalderrama6725 2 года назад

    how you take the fuel tax rate

  • @bonnyslifevlogs6442
    @bonnyslifevlogs6442 Год назад +1

    I need to learn how to do fill up in certain states to balance out so I get refunds. I end up paying over $800 every quarter on IFTA. Sigh.

  • @andrewnita1809
    @andrewnita1809 2 года назад +3

    Is there any chance I could get a copy of the spreadsheet?

    • @DIYSEMI
      @DIYSEMI  2 года назад +1

      Email me diysemi@yahoo.com

  • @wt2201
    @wt2201 Год назад +1

    Do you have to file if you only travel in 1 state ?

    • @DIYSEMI
      @DIYSEMI  Год назад +2

      if you have an irp plate

  • @Acts238Church
    @Acts238Church 3 года назад +1

    👋👋👋

  • @Amarjitlidder
    @Amarjitlidder Год назад +1

    Hi Budy, can you please advise me how I can arrange books like Galons, Miles and Ifta, please send me like or advise me how i can arrange it, Many thanks in advance

    • @DIYSEMI
      @DIYSEMI  Год назад

      Email me diysemi@yahoo.com

  • @youribenjamin9087
    @youribenjamin9087 2 года назад +2

    Can you file your own IFTA if you are leased to another Company ?

    • @rupertrobinson7085
      @rupertrobinson7085 Год назад

      Good question.yet no answer…if no response would presume can..

    • @oliverbiss2747
      @oliverbiss2747 Год назад

      If u run under their authority they file

    • @rupertrobinson7085
      @rupertrobinson7085 Год назад

      @@oliverbiss2747 true..found out u buy fuel and they still must pay/file IFTA

  • @dannygober3311
    @dannygober3311 2 года назад

    Are toll roads non-IFTA miles? Shouldn't you have non IFTA miles if you run tolls?

    • @DIYSEMI
      @DIYSEMI  2 года назад

      they are not

    • @mihailoj2762
      @mihailoj2762 2 года назад

      massachusetts toll roads only are IFTA exempt.

  • @jorgenajera8320
    @jorgenajera8320 Год назад +2

    So i have to file every 12 weeks?

  • @desireevalle3399
    @desireevalle3399 2 года назад +2

    Hi . Could you please send me a copy of your spreadsheet. I sent you an email . Thank you .love watching your videos . You take your time to explain ! THANK YOU !

  • @truckinwithkev5713
    @truckinwithkev5713 Год назад

    hey, where can I download your template?

    • @DIYSEMI
      @DIYSEMI  Год назад

      email me. diysemi@yahoo i will send it

  • @melissaogletree777
    @melissaogletree777 11 месяцев назад +1

    Good afternoon, I sent an email to you to get a copy of your spreadsheet. Thanks!

    • @DIYSEMI
      @DIYSEMI  11 месяцев назад

      Got it!

  • @kimroyful
    @kimroyful 2 года назад +1

    What happen if I'm late for ifta

    • @DIYSEMI
      @DIYSEMI  2 года назад

      there is a late fee....thats all
      just don't be so late that they pull your permits

  • @d.j.robinson9424
    @d.j.robinson9424 2 года назад

    Just wanna know how to get a sticker...🤔

    • @DIYSEMI
      @DIYSEMI  2 года назад

      you get it from your state...the same place you get your IRP

  • @Acts238Church
    @Acts238Church 3 года назад +2

    I hate ifta, i think it should be a flat fee.

  • @jacoblafrancois7953
    @jacoblafrancois7953 3 года назад +2

    Wtm send me to your Channel