Why would you want the software to calculate your IFTA tax? Well, if you have ever tried to do it manually, you already know. Keeping track of all the miles your trucks drive through each state, along with the gallons of fuel that they have purchased may not be a big deal if you only have a few trucks. However, once your business starts growing, it can become overwhelming, fast. Wouldn’t it be much nicer to have an IFTA Reporting app to do all those crazy calculations for you?
You may ask about an IFTA reporting service, but they can be quite expensive. In addition, you are still doing all the work, getting the information to them. So, wouldn’t you like something that is easy, reliable and secure to calculate IFTA taxes for you? If the answer is yes, we have the IFTA reporting software for you!
IFTA Manager is part of our TMS Digital Transportation Management Suite of programs. You can purchase it as a standalone or in addition to our great Dispatch program. Check out our products here: https://tms-digital.com/
IFTA Manager imports from your truck’s ELD to record the miles driven through each state. It also imports from your fuel card, to record the fuel purchases in each state. It can also import the truck’s odometer readings. This data is merged together to create trips in our IFTA reporting software. All that is left for you to do is take a peek at any data that is flagged for your attention and then run reports.
IFTA Manager downloads the most current state formulas for each quarter, directly from the IFTA Website. It is doing all the heavy lifting for you. You then have everything you need, right at your fingertips to fill out your IFTA forms.
We currently interface with Samsara, OmniTracs, Geo Tab and Keep Truckin’ ELD software, as well as nearly 30 fuel cards, for example Comdata, EFS and Fleetmaster. We can also do custom imports for your yard fuel. And we are adding more interfaces all the time.
Again, doesn’t that sound far more exciting than calculating all this manually?
Just for an idea of what is involved. I’ll just snag the top of the chart. You can see the full chart on the ITFACH.ORG website.
This chart continues for the Canadian provinces and then the United States, state by state with the different rates.
Following this chart, they have special notes and explanations for different states. I will share just a few, below.
Footnotes
# 1 – CALIFORNIA | CNG to be reported for each 100 cubic feet at standard pressure and
temperature. A blend of Alcohol when containing not more than 15% Gasoline or Diesel should be reported as E-85 or M-85. Dimethyl Ether (DM) and Dimethyl Ether-Liquified Petroleum Gas Blends (DME/LPG) should be reported under Propane. |
# 2 – MISSISSIPPI | LNG is taxed per Diesel Gallon Equivalent beginning July 1, 2015. The
tax rate was set by the 2014 Legislative Session to be taxed at $.18 per Diesel Gallon Equivalent. A Diesel Gallon Equivalent of LNG is measured at 6.06 lbs. CNG is sold to consumers on the Gasoline Gallon Equivalent of 5.660 lbs. However, the tax rate is still on the measurement of $.18 cents per hundred cubic foot. The above tax rate converts CCF to GGE. |
# 3 – MISSOURI | Reporting is not required for propane &/or natural gas in the event
that proper fuel decals have been obtained. If fuel decals have not been obtained, a fuel tax return must be completed using the $0.17 fuel tax rate. |
# 4 – PENNSYLVANIA | To convert CNG from standard cubic feet (scf) into Gasoline Gallon
Equivalents (GGEs), divide CNG (scf) units by 126.67. Dyed diesel fuel or dyed kerosene consumed in PA operations, by qualified motor vehicles authorized by the IRS to use dyed fuel on highway, is not taxable. The Electricity tax rate is per kilowatt hours (kWh). |
# 5 – ONTARIO | Effective April 1, 2014, Biodiesel is a taxable product and taxed as
diesel. |
# 6 – MAINE | CNG rate now complies with R222. |
# 7 – IDAHO | FUEL PURCHASED ON IDAHO INDIAN RESERVATIONS – As of November 1,
2007, diesel purchased from retail outlets on the Shoshone- Bannock Indian Reservation is Idaho tax-paid diesel for IFTA reporting & refund. Diesel purchased from Coeur d’Alene & Nez Perce tribe outlets is not Idaho tax-paid diesel for IFTA reporting and refund purposes. Questions, please call toll free 800-972-7855 ext 7855. |
# 8 – ARIZONA | Vehicles less than 3 axles and with declared Gross Vehicle Weight
under 26,001 lbs are taxed at $.18 per gallon. |
# 9 – TENNESSEE | Effective date for changes is July 1, 2019. |
# 10 – MONTANA | Montana no longer requires gasoline, gasohol and ethanol to be
reported on the IFTA tax return. |
# 11 – WASHINGTON | Bio Diesel is reported as a Special Fuel at $0.4940 a gallon and would
be reported in the Diesel column. |
# 12 – NEW YORK | For information on B20, see TSB-M-06(4)M, IFTA Reporting Requirements
for the Consumption of B20 in New York State. For information on CNG and LNG, see TSB-M-13(1)M, Liquefied Natural Gas Treated the Same As Compressed Natural Gas. Both TSB-M’s can be found at www.tax.ny.gov |
# 13 – TEXAS | Biodiesel, renewable diesel and blends containing biodiesel or
renewable diesel purchased in Texas must be reported under the fuel type ?DIESEL?. Instructions for reporting biodiesel, renewable diesel and blends are online at https://comptroller.texas.gov/taxes/fuels/docs/biodiesel.pdf or call toll free 1-800-252-1383. |
We’ll stop at Texas. I think you get the gist of it. Doing manual calculations, if your fleet starts becoming sizable, will make your head hurt!
So if you want to know more about our IFTA reporting Software, IFTA Manager, click the orange button in the upper right corner and contact us today for a free demo! We look forward to talking to you!