Q:

What are the IFTA reporting requirements?

A:

Quick Answer

As of 2012, International Fuel Tax Agreement, or IFTA, reporting requirements start from January through March and have a due date on April 30. The second reporting quarter is from April through June with a due date of July 31. Other reporting requirements are from July through September and October through December, with due dates on October 31 and January 31, respectively, notes New York state.

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Full Answer

There are some documents that support reporting of IFTA claims. These records include the individual vehicle mileage record, which verifies the registrant's application to tax claims. Others are distance records, fuel records and tax-paid retail fuel purchases. All relevant data, such as gap miles and fuel receipts, must be included when reporting IFTA tax claims, notes J.J. Keller business services.

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