Overview of IFTA
"Get the Best Refund - The Right Refund"
The International Fuel Tax Agreement (IFTA) simplifies the quarterly fuel tax reporting process for commercial carriers operating across state lines. IFTA comprises 58 member
IFTA is mandatory for any motor vehicle that meets these specifications:
- Two axles with a gross vehicle weight over 26,000 pounds (11,797 kg); or
- Having three or more axles, regardless of weight; or
- Used when the combined weight exceeds 26,000 pounds or 11,797 kilograms.
The motor carriers operating in multiple jurisdictions must report the fuel tax return for each quarter with their base jurisdiction.
For the Periods | Due Dates |
---|---|
January - March 2024 1st Quarter | April 30, 2024 |
April - June 2024 2nd Quarter | July 31, 2024 |
July - September 2024 3rd Quarter | October 31, 2024 |
October - December 2024 4th Quarter | January 31, 2025 |
When is the IFTA filing due for 2024?
"Get the Best Refund - The Right Refund"
IFTA due dates 2024 are on the last day of the month following the end of each quarter. The IFTA due dates for 2024 are listed below.
Note:
If the IFTA due date falls on a weekend or public holiday, then the due date will be on the next business day.
Ready to generate an IFTA Report?
Echeverri Taxes, the top trucking tax help in Gastonia, NC, provides an easy solution for generating your IFTA report accurately. Import your trucks, fuel, and distance data to create your report in minutes with the required state format.
Required Information for IFTA Report
"Get the Best Refund - The Right Refund"
- Business information, like the EIN, company name, and business type.
and the address. - IFTA details: country, base jurisdiction, IFTA Account Number.
- Vehicle details include truck/unit number, gross vehicle type, fuel type, fleet name, fleet number, make, and model.
- The total miles traveled by the IFTA licensee’s qualified motor vehicle(s) in all jurisdictions, including trip permit miles, regardless of IFTA participation.
- The total gallons or liters of fuel consumed by a qualifying motor vehicle in all jurisdictions, regardless of IFTA participation.