Under IFTA, you are required to file quarterly fuel tax returns with your base jurisdiction, showing all miles traveled and all fuel consumed during the quarter by qualified vehicles, including the miles traveled and fuel consumed in each IFTA jurisdiction. The amounts listed for each jurisdiction on the report are used to calculate a net balance. Any additional tax due is remitted to the base jurisdiction, or a credit or refund is issued. It is the responsibility of the base jurisdiction to distribute the taxes to the appropriate member jurisdictions based on the information from your IFTA tax return.
All licensees must submit the IFTA tax return every quarter. A return must be submitted each quarter even if:
- No taxable miles were traveled
- All miles traveled were in Nebraska
Returns will be furnished each quarter indicating the current tax rates for each member jurisdiction. Current tax matrixes can be viewed on IFTA, Inc. Failure to receive the tax return does not relieve you from the obligation of filing in a timely manner or submitting the return. All returns will be filed on a quarterly basis. The reporting quarters and due dates are:
|Reporting Quarter||Due Date|
|January - March||April 30|
|April - June||July 31|
|July - September||October 31|
|October - December||January 31|
Paying your IFTA balance just got easier!
You can now pay your IFTA balance on-line by either e-check (withdrawal from your bank account) or by credit card using Visa or MasterCard. If you file your return on-line and owe a balance, the system will easily navigate you through the on-line payment screens. If you filed your return on paper but have not paid the balance, access our system at MCS.
- Click Access Motor Carrier Services (user ID and Password NOT required).
- Click Print, Submit or View an IFTA Return.
- Once you are through the security questions, you will find the new Online Payment option.
Penalties for Late Filing
A penalty of $50.00 or 10% of the net tax liability, whichever is greater, will be assessed on late-filed returns, failure to file, or for underpayment of tax due. If the net tax liability is zero or a credit, the late filing penalty will still be $50.00.
To avoid penalty for late filing, the tax returns must be postmarked no later than midnight on the date indicated. If the last day of the month falls on a Saturday, Sunday, or legal holiday, the next business day will be considered as filed timely.
Interest is assessed on all delinquent taxes due each jurisdiction. The interest rate is subject to change annually and is based on the IRS Underpayment Rate, contact our office to find out the current rate.