Publication 2-1997

How to avoid errors on the IFTA-100 and IFTA-101 Quarterly Tax Report Forms

How to Avoid ERRORS on the IFTA-100 and IFTA-101 Quarterly Tax Report Forms

1. Use the pre-printed report and schedules that are mailed to each licensee.
2. When travel is in more than one jurisdiction, the computed taxable gallons used (column K) will never exactly equal the tax paid gallons purchased (column L) on any jurisdiction line. It must be either net taxable gallons or net credit gallons in column M, but not zero; likewise for the amount(s) due in column O and Q.
3. When there are two lines pre-printed for a jurisdiction (which indicates a surcharge jurisdiction) and when travel occurred in that jurisdiction, there will always be tax due on the surcharge line (second line), because there cannot be tax paid gallons (column L) on a surcharge line.
4. Use brackets to signify a credit when there is a credit in column M, O, or Q on IFTA-101; or lines 1-6, line 8, or line 10 on IFTA-100.
5. There will be either a total due or credit in column Q for every jurisdiction in which travel occurs.
6. Transfer the net total due (or credit) in column Q from each form IFTA-101 (separate form required for each fuel type) to the appropriate fuel type line on form IFTA-100.
7. Do not use decimals when entering miles or gallons on form IFTA-101; round miles or gallons to the nearest whole number.
8. Do not enter dollars/cents amounts in column L (tax paid gallons). Enter only gallon amounts.