IFTA Mileage Calculator Methods | TruckingOffice

Put your IFTA mileage calculator to work each month, not simply throughout IFTA months. That’s straightforward to do with TruckingOffice PRO. Your miles per state and gas buy information can be utilized at any time to compute an IFTA report. You possibly can undertaking your subsequent IFTA invoice any time. However why would you?

IFTA in Month 1

You’re paying IFTA this month. However you’re paying it for final quarter. This month’s purchases don’t rely till the subsequent IFTA month. So why take a look at it now?

For those who’re a regional truck driver, you already know what states you’ll haul a load to, and you already know the place you received’t. It’s seemingly that your property state is the place you’re going to purchase essentially the most gas.

However is it the state that you simply’ll drive essentially the most in?

Possibly. In any case, you’re coming residence and people miles rely too. However in case you check out this month’s driving, you might even see a sample concerning your miles per state. That’s key. IFTA mileage calculators don’t exclude the deadhead miles. All miles rely. Possibly most of your miles are in your house state. However perhaps not.

IFTA Month 2

The second month of the quarter technically begins after the IFTA month is paid. So if we’re speaking the January IFTA fee, which pays for the final quarter of final yr, then the second month is February.

(That is virtually as difficult as IFTA itself.)

Persevering with to have a look at tendencies in driving, an owner-operator will see the place gas is often bought. We’re guessing you already know the place you want to purchase gas, and it’s within the states with the bottom gas taxes. For those who’re driving an everyday lane, you’re gonna purchase on the similar locations time and again as a result of… nicely, it’s acquainted. And it’s in all probability low-cost.

If Month 1 is about the place you drive, and Month 2 is about the place you purchase, what do you have to do in Month 3?

Month 3: IFTA Mileage Calculator Methods

It’s all the time finest to maintain your money in your pocket so long as doable. So shopping for the lowest-priced gas is smart. (Pun supposed.) However in Month 3, it’s time to be strategic.

The best way that IFTA computes that invoice that you simply owe isn’t solely based mostly on the share of miles you drive in a selected jurisdiction. It’s based mostly on the precise miles and the way a lot gas tax they assume you must have paid for gas bought of their state to drive on their roads. IFTA takes the complete quarter’s mileage and gas utilization to create a miles-per-gallon quantity. They use that quantity to determine how a lot you owe every jurisdiction.

So in case you drive from Ohio to Illinois and by no means purchase gas in Indiana, they’re going to need some cash from you. Or perhaps, based mostly on the gas taxes in Indiana, you by no means purchase in Illinois, as a result of the gas tax charge is nearly double this quarter (Indiana is $0.33 whereas Illinois is $0.55.)

Now, the quantity of gas tax you paid in Ohio and Indiana could also be extreme and will cowl what you’ll owe Illinois. Or perhaps not. You’ve already paid it in Ohio. That’s the place IFTA is available in – to even all of it out.

What each trucker wants is an IFTA mileage calculator that may give them the sum of money they could owe on the finish of the quarter. Keep in mind, tax charges change. If an IFTA prep program doesn’t have the present charges, the report could also be off considerably.

(TruckingOffice updates the charges usually, so you possibly can belief our numbers. These “free IFTA prep” web sites? Are you aware in the event that they’re doing the job?)

In Month 3 of the IFTA quarter, you might be able to cut back your IFTA invoice by shopping for gas in these different states. Those you drive by means of however by no means cease.

However I don’t know these stops. It’s going to mess up my HOS timing if I’ve to cease in a state once I don’t want to purchase gas.

That is the strategic planning a part of IFTA. Over time, we’ll work out the place to cease, the simplest locations to get out and in shortly, and who has the perfect espresso. The IFTA mileage calculator offers you the info you might want to make these selections and act on them in order that IFTA Month 4 – the month that you simply file and pay – is much less painful.

Do you’ve gotten a dependable IFTA mileage calculator?

You do in case you use TruckingOffice PRO.

Not solely will we replace the tax charges in a well timed vogue, we observe your miles from the second you enter your dispatch. Each load’s miles are accounted for, together with these deadhead miles. You possibly can calm down figuring out that your IFTA report might be correct. And it’s quick! With out having to reenter information in to an IFTA prep software program, you received’t spend hours repeating work. TruckingOffice PRO will get these numbers and your bills for gas (and taxes) if you enter the info for the invoices. It reuses these numbers so that you don’t must reenter any information.

Give TruckingOffice PRO an opportunity to indicate you find out how to be strategic along with your IFTA tax submitting. Our free trial will show that in a single quarter, you’ll save sufficient to pay for a yr of the perfect trucking software program available on the market.

Use TruckingOffice PRO to run your complete trucking enterprise.

Our free trial will provide you with the time to enter final quarter’s information and get an correct IFTA report back to file. So complete program is free. You possibly can join now, maintain your IFTA submitting, and uncover what a whole trucking administration software program program can do for you. Give us a strive now!