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The IFTA 101Mn form plays a critical role in the reporting process for the International Fuel Tax Agreement (IFTA). It is specifically designed for carriers operating in multiple jurisdictions with various fuel types, including diesel, motor gasoline, ethanol, and propane. This quarterly fuel use tax schedule is mandatory for those seeking to accurately report their fuel tax liabilities and utilizes specific codes to distinguish between the fuel types. Each form must be attached to the IFTA-100-MN, which serves as the primary vehicle for filing tax returns under IFTA guidelines. Users will calculate their total miles driven in IFTA and non-IFTA jurisdictions, total gallons of fuel used, and the applicable tax rates. Additionally, the form requires detailed breakdowns for various fuel types, necessitating separate schedules for each. Accuracy is paramount, not only in the reporting details but also in calculating tax credits and dues. Understanding the intricacies of the IFTA 101Mn form and ensuring timely submission is vital for compliance and can prevent potential penalties associated with late filings. Keeping thorough records as prompted in the instructions can facilitate smoother reporting and compliance, thereby safeguarding the interests of motor carriers.

Ifta 101Mn Example

Check only one fuel type:

Tax on:

Code Fuel Type

D

(Diesel)

 

G

(Motor fuel gasoline)

 

E

(Ethanol)

 

P

(Propane)

 

__

___________

Michigan Department of Treasury

IFTA Quarterly Fuel Use Tax Schedule

Attach this schedule to Form IFTA-100-MN, IFTA Quarterly Fuel Use Tax Return.

Prepare a separate schedule for each fuel type. Use additional sheets if necessary. Make a copy for your records.

 

Reset Form

 

IFTA-101-MN

 

 

 

 

 

 

 

 

 

Use this form to report operations for the

quarter ending Month

Day

Year .

Licensee IFTA identification number

 

 

 

Name

 

 

 

 

 

 

 

 

MI

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Enter credits in brackets ( ). Round to the nearest whole gallon or mile.

Read instructions (IFTA-101-I-MN) carefully.

 

 

 

 

 

 

 

 

 

 

 

 

MPG Calculation

 

 

 

 

(E)

Average Fleet MPG

(A) Total IFTA Miles

+

(B) Total Non-IFTA Miles

=

(C) Total Miles

 

:

(D) Total Gallons

=

(A)

 

 

(B)

 

 

 

(C)

 

 

 

 

 

(all IFTA and Non-IFTA jurisdictions)

 

 

(2 decimal places)

 

+

 

 

=

 

 

 

:

(D)

 

 

=

(E)

___ ___ . ___ ___

 

 

 

 

 

F

Jurisdiction

G

Rate Code

H

I

Total IFTA

Taxable

Miles

Miles

(See Instructions)

(See Instructions)

J

MPG

from E above

K

Taxable Gallons

(col. I : J)

L

Tax Paid

Gallons

(See Instructions)

M

Net Taxable

Gallons

(col. K - L)

N

Tax Rate

O

Tax (Credit) Due

(col. M x N (Tax) ) (col. K x N (Surch) )

P

Interest

Due

Q

Total Due

(col. O + P)

Subtotals

Subtotals from back

Totals

Important Note: When listing additional jurisdictions and more space is needed, use the back of this form.

For Diesel, Motor fuel gasoline, Ethanol andPropane reported, transfer the total

 

amount in Column Q from each schedule to the corresponding line on

 

Form IFTA-100-MN, IFTA Quarterly Fuel Use Tax Return. For all other fuel types, transfer

(5-09)

the total amount of Column Q from each schedule to Column S of the worksheet on the

back of Form IFTA-101-I-MN, Instructions for Form IFTA-101-MN.

IFTA-101-MN (4/08)

IFTA-

 

F

 

101-

 

Jurisdiction

MN (4/08) (back)

 

 

 

 

 

Transfer the subtotal amounts to the front of this schedule.

G

H

I

J

K

L

M

N

O

P

Q

Rate

Total IFTA

Taxable

MPG

Taxable

Tax Paid

Net Taxable

Tax

Tax (Credit) Due

Interest

Total Due

Code

Miles

Miles

from E

Gallons

Gallons

Gallons

Rate

(col. M x N (Tax))

Due

 

(See Instructions) (See Instructions)

on front

(col. I

:

J)

(See Instructions)

(col. K - L)

 

(col. K x N (Surch))

 

(col. O + P)

Subtotals

Instructions for Form IFTA-101-MN

IFTA-101-I-MN

IFTA Quarterly Fuel Use Tax Schedule

 

A separate Form IFTA-101-MN must be used for each fuel type. Refer to Form IFTA-105, Final Fuel Use Tax Rate and Rate Code Table 1, when completing schedules for Diesel, Motor Fuel Gasoline, Ethanol, Propane and CNG. For all other fuel types refer to the IFTA-105, Final Fuel Use Tax Rate and Rate Code Table 2. Check the appropriate box for the fuel type you are reporting. When reporting a fuel other than those listed, check the box next to the blank line and enter in the Fuel Type Code and Fuel Type as shown on the back of these instructions. Enter the quarter ending date of the period covered by this return.

Enter your licensee IFTA identification number. This is your federal employer identification number, social security number or other jurisdiction assigned identification number as it appears on your IFTA license.

Enter your legal name as it appears on your IFTA License.

(A) Total IFTA Miles - Enter the total miles traveled in IFTA jurisdictions by all qualified motor vehicles in your fleet using the fuel type indicated on each form/schedule (total from column H). Report all miles traveled whether the miles are taxable or nontaxable. Round mileage to the nearest whole miles

(e.g., 1234.5 = 1235).

(B) Total NON-IFTA Miles - Enter the total miles traveled in non-IFTA jurisdictions by all qualified motor vehicles in your fleet using the fuel type indicated on each form/schedule. Report all miles traveled whether the miles are taxable or nontaxable. Round mileage to the nearest whole mile (e.g., 1234.5 = 1235).

(C)Total Miles - Add the amount in item (A) and the amount in item (B) to determine total miles traveled by all qualified motor vehicles in your fleet.

(D)Total Gallons - Enter the total gallons of fuel placed in the propulsion tank in both IFTA and non-IFTA jurisdictions for all qualified motor vehicles in your fleet using the fuel type indicated. Round gallons to the nearest whole gallon

(e.g., 123.4 = 123).

(E)Average Fleet MPG - Divide item (C) by item (D). Round to 2 decimal places (e.g., 4.567 = 4.57).

Column F - Enter the name of each IFTA jurisdiction that you operated in during the period. Enter the jurisdiction's name on two(2) consecutive lines if the traveled jurisdiction administers a surcharge1in addition to their regular fuel tax. Enter the jurisdiction's two letter abbreviation from Form IFTA-105 or IFTA-105.1 for the quarter you are preparing.

Column G - Enter the rate code of the appropriate fuel type for each IFTA jurisdiction from Form IFTA-105 or IFTA-105.1 for the quarter you are preparing.

Column H - Enter the total miles traveled (taxable and nontaxable) in each IFTA jurisdiction for this fuel type only. Enter '0' on a surcharge line. Round mileage to the nearest whole miles (e.g., 1234.5 = 1235).

Column I - Enter the IFTA taxable miles for each IFTA jurisdiction. Do not include fuel use trip permit miles. Enter '0' on a surcharge line. Round mileage to the nearest whole miles (e.g., 1234.5 = 1235).

Column J - Enter your average fleet miles per gallon (mpg) from item (E) above. Enter '0' on a surcharge line.

1Jurisdictions with surcharge: Indiana, Kentucky and Virginia. IFTA-101-I-MN (4/06)(5-09)

Column K - Divide the amount in column I by the amount in column J to determine the total taxable gallons of fuel consumed in each IFTA jurisdiction. For surcharge1taxable gallons, enter the taxable gallons from the same jurisdiction's fuel use tax line, Column K. Round gallons to the nearest whole gallon

(e.g., 123.4 = 123.).

Column L - Enter the total tax-paid gallons of fuel purchased and placed in the propulsion tank of a qualified motor vehicle in each IFTA jurisdiction. (Enter "0" in column L if this line represents a surcharge, since a surcharge cannot be prepaid.) Keep your receipts for each purchase claimed. When using bulk storage, report only tax-paid gallons removed for use in your qualified motor vehicles. Fuel remaining in storage cannot be claimed until it is used.

Round gallons to the nearest whole gallon (e.g., 123.4 = 123). Column M - Subtract the amounts in column L from column K for each jurisdiction. Enter '0' on a surcharge line.

-If column K is greater than column L, enter the taxable gallons.

-If column L is greater than column K, enter the credit gallons. Use brackets to indicate credit gallons.

Column N - Enter the rate for the appropriate fuel type from Form IFTA-105 or IFTA-105.1 for the quarter you are preparing. Where a surcharge1is applicable, enter the appropriate surcharge rate from Form IFTA-105 or IFTA-105.1 for the quarter you are preparing.

Column O - Multiply the amount in column M by the tax rate for that jurisdiction in column N to determine the tax or credit. Enter any credit amount in brackets. Where a surcharge1is applicable, multiply the amount in Column K by the surcharge rate for that jurisdiction in Column N. Column P - If you file late, compute interest on any tax due for each jurisdiction for each fuel type indicated on each form/schedule. Interest is computed on tax due from the due date of the return until the date payment is received. Interest is computed at 1% per month or part of a month, to a maximum of 12% per year. Returns must be postmarked no later than the last day of the month following the end of the quarter to be timely.

Column Q - For each jurisdiction add the amounts in column O and column P, and enter the total dollar amount due or credit amount. Enter any credit amount in brackets. Subtotals - Add the amounts in columns H, O, P and Q on the front of the schedule and enter on the Subtotals line in the appropriate columns. Add the amounts in columns H, O, P and Q on the back of the schedule and enter in the applicable columns on the Subtotals line below. Enter these amounts in the applicable columns on the front of the schedule on the Subtotals from back line.

Totals - Add the Subtotals and the Subtotals from back to determine the Totals. The total in column Q is the difference of all credits and taxes due for all jurisdictions. Transfer the Totals from Column Q for each fuel type reported to the corresponding line of Form IFTA-100-MN. For all other fuel types, add the Subtotals and the Subtotals from back, and transfer the Total from column Q for each of these fuel types to the corresponding line in column S of the worksheet on the back of these instructions.

Make a copy of this return for your records.

(All Other) Fuel Types Worksheet

Worksheet Instuctions

For each fuel type listed below, enter the total for that fuel from column Q of Form IFTA-101-MN in column S. Add the totals in column S, and transfer the Total Amount to line 5 of Form IFTA-100-MN.

Fuel Type

(R)

(S)

Code

(Other) Fuel Type

Total from Column (Q) of IFTA-101-MN

C

CNG

 

A

A-55 (Water Phased Hydrocarbon Fuel)

 

B

E-85

 

F

M-85

 

H

Gasohol

 

L

LNG

 

M

Methanol

 

 

TOTAL AMOUNT

 

Transfer this amount to line 5 of Form IFTA-100-MN

 

Need Help?

The Michigan Department of Treasury has compiled a manual with additional information on IFTA credentials, record keeping and tax reporting, payments and refunds and other frequently asked questions. This manual is available on our Web site at www.michigan.gov/treasury. Select Motor Carrier forms and then form #2838 under Related Documents.

If you have questions or need assistance, contact the Motor Carrier section at (517) 636-4580. Deaf, hearing or speech impaired persons should call (517) 636-4999 (TDD). Telephone assistance is available from 8:00 a.m. to 5:00 p.m., Monday through Friday.

Requests for refunds under $1.00 will carry forward to your next return.

If you need to write, address your letter to:

MICHIGANMichigan DepartmentDEPARTMENTof OFTreasuryTREASURY

SPECIALCustomerTAXESContactDIVISIONDivision, Special Taxes

PP.OO. BOXBox 30474

LANSING,Lansing MI 48909-7974-7974

IFTA-101-I-MN (4/06)(5-09) (back)

File Breakdown

Fact Name Description
Fuel Types The IFTA 101Mn form allows reporting for four fuel types: Diesel (D), Motor Fuel Gasoline (G), Ethanol (E), and Propane (P).
Purpose This form is used to report fuel usage and tax liabilities for the IFTA jurisdictions for a specified quarter.
Jurisdictions Report all miles traveled in both IFTA and non-IFTA jurisdictions to accurately calculate tax owed.
Mileage Calculation The form requires calculations of Total IFTA Miles, Total Non-IFTA Miles, and Total Miles.
Taxable Gallons Taxable gallons are calculated by dividing the total IFTA taxable miles by the average fleet miles per gallon (MPG).
State-Specific Laws The form operates under Michigan law and adheres to regulations set by the Michigan Department of Treasury.
Filing Frequency This form must be completed quarterly, covering the operation quarter ending on the specified month and year.
Record Keeping It's essential to maintain copies of all completed forms and supporting documentation, including fuel receipts.

Guide to Using Ifta 101Mn

To complete the IFTA 101Mn form accurately, follow the outlined steps carefully. This guide provides a clear sequence for filling in required information on each section of the form, ensuring compliance and proper reporting.

  1. Check one box for the fuel type being reported: Diesel, Motor fuel gasoline, Ethanol, or Propane.
  2. Enter the quarter-ending date for the reporting period.
  3. Fill in your IFTA identification number, which can be your federal employer identification number or social security number.
  4. Provide your legal name as it appears on the IFTA license.
  5. Calculate and enter the Total IFTA Miles traveled for the reported fuel type using qualified motor vehicles. Round to the nearest whole mile.
  6. Calculate and enter the Total Non-IFTA Miles traveled in non-IFTA jurisdictions. Round to the nearest whole mile.
  7. Add the total IFTA Miles and Total Non-IFTA Miles to find Total Miles. Round the total to the nearest whole mile.
  8. Enter the Total Gallons of fuel consumed during the reporting period. Round to the nearest whole gallon.
  9. Calculate the Average Fleet MPG by dividing the Total Miles by Total Gallons and round to two decimal places.
  10. In Column F, list the IFTA jurisdictions where operations occurred during the quarter.
  11. Enter the Rate Code for the fuel type being reported in Column G.
  12. Record the Total Miles traveled in each IFTA jurisdiction in Column H.
  13. Enter the total IFTA Taxable Miles for each jurisdiction in Column I.
  14. Input the Average Fleet MPG from the previous calculation into Column J.
  15. Divide the taxable miles (Column I) by Average Fleet MPG (Column J) to calculate Taxable Gallons in Column K.
  16. Enter the total tax-paid gallons of fuel in Column L, rounding as necessary.
  17. Subtract Column L from Column K to find Net Taxable Gallons in Column M, noting any credits using brackets.
  18. Look up and enter the tax rate for the fuel type in Column N.
  19. Calculate the tax or credit due in Column O, and enter credits in brackets.
  20. If applicable, compute interest on tax due in Column P.
  21. Add the amounts from Column O and Column P in Column Q to determine the total due or credit amount.
  22. Complete any necessary sub-totals and transfer totals as specified in the Instructions section of the form.
  23. Make a copy of the IFTA 101Mn form for your records.

After filling out the IFTA 101Mn form, it must be attached to Form IFTA-100-MN for submission. Ensure that all figures are accurate and properly rounded as specified, and remember to keep copies for your own records. Review the instructions for detailed guidance on any additional steps necessary for specific fuel types or circumstances.

Get Answers on Ifta 101Mn

What is the IFTA 101Mn Form?

The IFTA 101Mn Form, known as the IFTA Quarterly Fuel Use Tax Schedule, is used to report fuel usage for International Fuel Tax Agreement (IFTA) jurisdictions. It allows motor carriers to document their fuel consumption and the miles traveled in various jurisdictions for the relevant quarter. This form must be completed and submitted alongside Form IFTA-100-MN, the IFTA Quarterly Fuel Use Tax Return.

How do I fill out the IFTA 101Mn Form?

To complete the IFTA 101Mn Form, follow these steps:

  1. Select the type of fuel being reported by checking the appropriate box.
  2. Enter your licensee IFTA identification number and legal name as it appears on your IFTA license.
  3. Provide the quarter ending date.
  4. Calculate the total IFTA miles, non-IFTA miles, total miles, and total gallons, rounding as necessary.
  5. Document the average fleet MPG and fill in the required information for each jurisdiction where you operated.

Each section includes specific calculations and entries based on the fuel type and the jurisdiction. Refer to the accompanying instructions for detailed guidance.

What fuel types can be reported on the IFTA 101Mn Form?

You can report the following fuel types on the IFTA 101Mn Form:

  • Diesel
  • Motor fuel gasoline
  • Ethanol
  • Propane

For each fuel type, a separate IFTA 101Mn form should be completed. If you are reporting a fuel type not listed, indicate this by checking the box next to the blank line and entering the fuel type code and name.

What should I do if I need more space to list jurisdictions?

If additional space is required to list jurisdictions, you may use the back of the IFTA 101Mn Form. Ensure that you transfer the totals from the back to the appropriate lines on the front of the form. This maintains accuracy for your reporting.

How do I calculate the Average Fleet MPG?

The Average Fleet MPG (miles per gallon) is calculated by dividing the total miles traveled (IFTA and non-IFTA) by the total gallons of fuel used. This figure should be rounded to two decimal places. For example, if your total miles are 10,000 and total gallons are 1,000, your calculation would be:

Average Fleet MPG = Total Miles / Total Gallons = 10,000 / 1,000 = 10.00 MPG.

What happens if I file the IFTA 101Mn Form late?

If you file the IFTA 101Mn Form late, interest will apply to any tax due. The interest is computed at 1% per month or part of a month, up to a maximum of 12% per year. To avoid additional charges, file your return before the due date, which is the last day of the month following the quarter ending.

Where should I send the completed IFTA 101Mn Form?

Your completed IFTA 101Mn Form should be attached to the IFTA 100-MN form and submitted to:

MICHIGAN DEPARTMENT OF TREASURY
SPECIAL TAXES DIVISION
P.O. BOX 30474
LANSING, MI 48909-7974

Where can I find additional resources or assistance regarding the IFTA 101Mn Form?

For further assistance, the Michigan Department of Treasury offers a manual with more detailed information about IFTA credentials, record keeping, and tax reporting. This manual is accessible on their website. You can also contact the Motor Carrier section directly at (517) 636-4580 for further inquiries. For TDD assistance, dial (517) 636-4999. Their office hours are Monday through Friday, from 8:00 a.m. to 5:00 p.m.

Common mistakes

Completing the IFTA 101Mn form can be straightforward, but many individuals make common mistakes that lead to errors in their fuel tax reporting. Here are eight frequent pitfalls to avoid.

First, many people forget to check only one fuel type box. The form explicitly requires the selection of a single fuel type, such as Diesel, Gasoline, Ethanol, or Propane. Omitting this crucial step can lead to misunderstandings and delays in processing the return.

Second, failing to round numbers correctly is another mistake. The instructions specify rounding fuel gallons and miles to the nearest whole number. For instance, if you traveled 1234.5 miles, this should be rounded to 1235. Ignoring this guideline can result in inaccurate calculations that affect tax liabilities.

Another common error involves incorrectly reporting jurisdictions. Each jurisdiction where fuel was used must be accurately listed. Not providing complete and correct names or abbreviations can lead to significant discrepancies in mileage reporting.

Fourth, many individuals overlook the requirement to keep detailed records of fuel purchases. Failing to gather receipts for tax-paid gallons means losing the ability to substantiate claims on the form. Keeping meticulous records is essential for a successful audit trail.

A fifth mistake is miscalculating the Average Fleet MPG. This calculation requires dividing total miles by total gallons. This figure must also be rounded to two decimal places. Any error in this calculation will affect taxable gallons, leading to possible overpayment or underpayment of taxes.

Additionally, some people forget to sign the form before submission. A missing signature could result in the return being rejected, prompting unnecessary delays and paperwork to rectify the situation.

Another area of confusion lies in the transfer of totals between forms. People may incorrectly transfer total amounts from Column Q of the IFTA 101Mn form to the IFTA 100-MN return. Accurate totals are critical for ensuring that tax credits and debits are calculated correctly.

Lastly, failing to read the instructions carefully can lead to multiple mistakes. Each section of the IFTA 101Mn form has specific requirements. Not adhering to the instructions can result in missing important details that will ultimately hinder your tax filing process.

By being aware of these mistakes and taking the necessary precautions, individuals can simplify the completion of the IFTA 101Mn form and ensure compliance with tax regulations.

Documents used along the form

When filing your IFTA (International Fuel Tax Agreement) paperwork, it is essential to include several other forms and documents that complement the IFTA 101-MN form. Each of these is designed to help ensure accurate reporting and compliance, while also providing clarity in your fuel tax obligations. Below is a list of commonly required documents.

  • Form IFTA-100-MN: This is the primary return form for IFTA, used to summarize your quarterly fuel use tax obligations. It aggregates data from all IFTA-101-MN forms submitted and must be filed by the deadline to avoid penalties.
  • Form IFTA-105: This document contains the final fuel use tax rates and rate codes for each jurisdiction. It is crucial to refer to this form while completing your IFTA-101-MN to ensure the correct rates are applied.
  • Form IFTA-101-I-MN: Instructions for filling out the IFTA-101-MN form. This document provides detailed guidance on how to report your fuel usage and calculate the necessary figures accurately.
  • Fuel Receipts: You must keep all receipts for fuel purchased during the reporting period. These receipts serve as proof of tax-paid gallons claimed on your reports and can be requested for verification by tax authorities.
  • Fuel Use Trip Permits: If operating in jurisdictions that require fuel use trip permits, you need to complete and file these permits, especially for any miles traveled that are not covered under your IFTA cross-jurisdictional agreements.
  • Supporting Documentation: This may include maintenance logs, mileage reports, and other records that support your fuel consumption and vehicle operations during the reporting period. Keeping these organized helps in case of an audit or review.

In conclusion, understanding and carefully preparing the necessary forms and documents are critical steps in complying with IFTA requirements. By ensuring that all associated paperwork is thorough and accurate, you can streamline your reporting process and minimize the risk of complications in the future.

Similar forms

The IFTA 101Mn form is one of several documents related to the reporting of fuel use for tax purposes. Below is a list of ten other forms that share similarities with the IFTA 101Mn form, along with explanations of these similarities:

  • IFTA 100-MN: This is the main quarterly fuel use tax return form where totals from the IFTA 101Mn are transferred. Both documents track fuel consumption and taxes owed.
  • IFTA 101-I-MN: The instructions for completing the IFTA 101Mn. Just like the IFTA 101Mn, it provides guidelines on how to accurately report fuel use and calculates tax liability.
  • IFTA 105: This document provides the fuel tax rates for different jurisdictions. Similar to the IFTA 101Mn, it is used to determine tax rates applicable for fuel consumed in various areas.
  • IFTA 105.1: An amendment to the IFTA 105 that includes updates on fuel rates. It serves the same function in providing updated tax rates, essential for completing the IFTA 101Mn accurately.
  • IRS Form 2290: This form is used for heavy vehicle use tax. Both this and the IFTA 101Mn involve calculations of tax based on vehicle use and mileage.
  • Form 940: This is the employer’s annual federal unemployment (FUTA) tax return. Like the IFTA 101Mn, it requires detailed calculations based on usage or operational metrics.
  • Form 941: Employers use this form to report income taxes withheld from employee paychecks. Similar to the IFTA 101Mn, it involves reporting and accounting for taxes based on collected data.
  • State Fuel Tax Return Form: State-specific forms that report fuel usage for state taxes share similarities in structure with the IFTA 101Mn, focusing on compliance with tax codes for vehicle operations.
  • Vehicle Mileage log: This informal document helps track miles driven for tax and expense purposes. It is directly related to the IFTA 101Mn as accurate mileage tracking is crucial for filling it out.
  • Quarterly Tax Payment Voucher: Used to remit tax payments quarterly, this form works alongside the IFTA 101Mn to fulfill tax obligations, making sure the taxes reported are paid on time.

Dos and Don'ts

Things you should do when filling out the IFTA 101Mn form:

  • Check only one fuel type before starting your report.
  • Use additional sheets if required for more fuel types.
  • Round mileage and gallons to the nearest whole number.
  • Keep copies of submitted forms for your records.
  • Follow the instructions carefully to ensure accurate completion.

Things you shouldn't do when filling out the IFTA 101Mn form:

  • Do not submit multiple schedules for the same fuel type.
  • Avoid entering negative numbers that are not indicated in brackets.
  • Do not leave any required fields blank; fill in all appropriate details.
  • Refrain from using estimates; use actual counts for miles and gallons.

Misconceptions

When it comes to the IFTA 101MN form, many people have misunderstandings that can lead to errors in filing. Here are nine common misconceptions along with clarifications to help ensure that you complete the form accurately.

  • You only need one IFTA 101MN form for all fuel types. Each fuel type requires its own separate IFTA 101MN form. You must prepare a distinct schedule for diesel, gasoline, ethanol, and propane, or any other fuel type you may be using.
  • Total mileage does not include non-IFTA miles. It’s essential to report both IFTA and non-IFTA miles. All miles traveled by qualified motor vehicles, whether taxable or not, must be included on the form.
  • Fuel gallons can be estimated. You should record actual gallons of fuel placed in propulsion tanks. Rounding is allowed, but estimates could lead to errors and possible audits.
  • The tax does not accrue interest if filed late. Late filings do incur interest on any tax due. This interest is calculated from the due date until the payment date, which means late fees can add up over time.
  • All jurisdictions have the same tax rates. Tax rates vary by jurisdiction. It’s crucial to refer to the appropriate rate codes and ensure you are using the correct tax rates applicable during the quarter you’re filing for.
  • Column L can include tax-paid gallons for surcharges. Column L should only include tax-paid gallons for qualified motor vehicles. If you’re dealing with a surcharge, enter "0" for that line.
  • Only new drivers need to understand this form. Even experienced drivers need to stay updated. Changes in tax regulations or filing procedures can apply to everyone, regardless of how long they have been in the industry.
  • You don’t need to keep proof of fuel purchases. Keeping receipts for tax-paid gallons is essential, especially for claims made. Not having documentation can lead to disallowed deductions.
  • Help with the form is not available. Assistance is readily available from the Michigan Department of Treasury. They provide guides and a contact number for direct help to resolve questions or issues encountered during the filing process.

Being well-informed about the IFTA 101MN form can significantly streamline your filing process. Taking the time to understand these misconceptions will not only ease your burden but also help you avoid potential pitfalls associated with improper filings.

Key takeaways

Understanding the IFTA 101Mn form is crucial for accurate fuel tax reporting. Here are ten key takeaways.

  1. Only one fuel type can be checked off for each form. Choose between diesel, motor fuel gasoline, ethanol, or propane.
  2. The form must be attached to the Form IFTA-100-MN. This is your IFTA Quarterly Fuel Use Tax Return.
  3. If you're using more than one fuel type, prepare a separate IFTA 101Mn form for each type.
  4. Make a copy of the completed form for your records before submitting.
  5. Select the correct quarter ending date for the reporting period. Ensure it is accurate.
  6. Proper rounding is essential. Round to the nearest whole gallon or mile when entering amounts.
  7. Complete separate MPG calculations based on your total IFTA miles and total gallons.
  8. Report all miles traveled, regardless of whether they're taxable. This includes both IFTA and non-IFTA miles.
  9. If you have multiple jurisdictions, you may need to use the back of the form for additional information.
  10. Timeliness is key. Your return must be postmarked by the last day of the month after the quarter ends to avoid penalties.

Following these takeaways can help streamline your IFTA reporting process and keep you compliant with tax laws. Stay organized and proactive.