I just received my Indiana fuel tax report for the 3rd quarter,{im a new o/o, never dealt with this before} . Do I claim the $.16 tax credit even tho Ive only bought exempt fuel ? Otherwise Id have to pay $.27 on all gallons purchased. {line 6 on the tax report} When you buy exempt fuel, what tax is it exempt from, excise or sales?

 

IN, gives you $0.16 tax credit, for every gallon you buy in the state, but charge you $0.27, for every gallon you spend.
Exemptions is from sales tax.

 

Do you mean exempt fuel at the pump? It is my understanding that the only fuel exempt from sales tax is for off-road/farm use only. We truckers take the shaft on everything. I may be wrong or I may be misunderstanding.

 

Yes, it's misunderstanding, you are mixing the sales, with the "road" tax, which is a different story! :P

 

This may be a terminology thing... but I'm asking about the different priced fuel- the lower (no tax) price being for off road vehicles. I say road tax when I'm talking about the money we have to pay to IFTA- but I know different people call it different things. Road tax. Fuel tax. Whatever. But the off-road fuel for farmers etc is them getting out of the sales tax, right?

Now I'm getting really confused. Let's all band together and call for an end to all taxes! You with me?

 

I don't mind paying taxes! I just hate, when they waste my money! :evil:

 

Ok, Im squared away on my fuel tax report. now Im confused on the exempt price for fuel , if its exempt from sales tax, then wouldnt it change as the price of fuel fluctuates, because sales tax in Indiana is 6%, yet the retailer told me the exempt price is always$.14 of full price. Maybe Indiana has a fixed sales tax on fuel, determined by gallons not price?. Ive lived here all my life and cant seem to get an answer on that, especially since I read in my local paper a few months ago that some legislators were wanting to repeal the sales tax on fuel when it was $3 or so because the state was collecting so much more sales tax, but then the Governor said the state doesnt make any more money on $3 fuel than $1.50 fuel. Whos right?

 

Your Man Mitch is not telling the truth about tax revenue from$3 fuel vs $1.50 fuel. Do you remember when Govenor OBannon suspended tax increases on retail fuel/gasoline. Also something to remember is that your quarterly fuel tax is also your quarterly road tax how its all broken down is a mystery to me. Just be sure that is correct and that it makes sense. I sent in one once that said my mpg was about 6.8 mpg and they sent it back with a $50 fine. I had to call and they said your fleet average couldnt be 6.8, so I "adjusted" the math, resubmitted and paid the fine.

 

In Maine the fuel sales taxes are so much per gallon, so it is the same tax amount when you buy 10 gallons of fuel for $20 as when you buy 10 gallons of fuel for $30.