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2014 IFTA / IRP AUDIT WORKSHOP Appendix 1 – Return Model for Dual-Fuel Vehicles Assumptions: Miles Fuel - Diesel (gallons) Fuel - LNG (gallons)Total Fuel.

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Presentation on theme: "2014 IFTA / IRP AUDIT WORKSHOP Appendix 1 – Return Model for Dual-Fuel Vehicles Assumptions: Miles Fuel - Diesel (gallons) Fuel - LNG (gallons)Total Fuel."— Presentation transcript:

1 2014 IFTA / IRP AUDIT WORKSHOP Appendix 1 – Return Model for Dual-Fuel Vehicles Assumptions: Miles Fuel - Diesel (gallons) Fuel - LNG (gallons)Total Fuel Jurisdiction 1 8, Jurisdiction 2 2, ,000 Total 10, ,000 1,500 No exempt distances were traveled in either jurisdiction. Calculate MPG:Total Miles Total Fuel (gallons) MPG 10,000 1,

2 2014 IFTA / IRP AUDIT WORKSHOP Prorate the Miles by Jurisdiction Between Fuel Types Total FuelFuel by TypeRatio Diesel 1, LNG 1,500 1,

3 2014 IFTA / IRP AUDIT WORKSHOP Diesel FormABC D EFGHI Fuel Type Juris. Total Distance Fuel Ratio Taxable Distance Taxable Fuel Volume Tax Paid Volume Net Taxable Volume Tax Rate (Diesel) Tax Due dDJ1 8, , (100)0.2000(20.00) dDJ2 2, Subtotal 10,000 3, (10.00)

4 2014 IFTA / IRP AUDIT WORKSHOP LNG FormA BC D EFGHI Fuel Type Juris. Total Distance Fuel Ratio Taxable Distance Taxable Fuel Volume Tax Paid Volume Net Taxable Volume Tax Rate (LNG) Tax Due dLNGJ1 8, , dLNGJ2 2, , (800)0.1000(80.00) Subtotal 10,000 6,667 1, (40.00) TOTAL FOR BOTH FUELS 10,000 1, (50.00)

5 2014 IFTA / IRP AUDIT WORKSHOP Note: Although states don't want to see double miles, the miles by state has to be shown somewhere on the return or you lose a step in the calculation and preparers get confused. The calculation to allocate taxable distance could be made on a schedule separate from the return.


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