Understanding IFTA and IRP Reporting

As a trucker, you have a lot of taxes to deal with. From your quarterly IFTA return to your IRP return, Heavy Vehicle Use Tax Form 2290, and more. Not only can these returns be confusing, but if you don’t comply with the IRS you could face hefty penalties or even get parked.

That’s why here at ExpressIFTA we’re here to take the frustration out of truck taxes by providing you with a simple way to report for IFTA and IRP taxes online. We will even go over a few of the basics to help you understand these returns.

Understanding IFTA and IRP Tax Reporting

What is IRP?

IRP is the International Registration Plan. It’s a registration reciprocity agreement between the United States, District of Columbia, and provinces of Canada to provide payments of apportionable fees based on the total distance you operate in each jurisdiction (state).

You will have to keep track of the miles traveled per jurisdiction in order to renew your IRP plates. Your deadline varies based on the state your vehicle is registered in. The deadline can be found on your IRP card, which should be kept in your cab at all times.

In order to complete your IRP return, you have to provide a copy of your stamped Schedule 1. To do that head to ExpressTruckTax.com to instantly e-file your HVUT Form 2290, and as a result, you will receive your stamped Schedule 1 within about 15 minutes via email.

What is IFTA?

IFTA is the International Fuel Tax Agreement. It was put in place by the 48 contiguous states and 10 Canadian provinces in order to report on and redistribute fuel taxes used by qualifying vehicles that operate between at least two or more jurisdictions.

To comply with IFTA you will complete your return on a quarterly basis. Also, you will have an IFTA card to keep in your truck at all times, and you will be issued two IFTA decals that should be displayed on your driver door.

The following information is required to complete your IFTA return:

  • Total miles traveled per jurisdiction
  • Total gallons of fuel consumed per jurisdiction 
  • Total tax paid gallons of fuel purchased per jurisdiction 
  • And the current tax rate per jurisdiction 

Your Vehicle Qualifies for IFTA and IRP returns if it travels between two or more jurisdictions and has:

  • Two axles and a gross vehicle weight exceeding 26,000 pounds 
  • Two axles and a registered vehicle gross weight exceeding 26,000 pounds 
  • Three or more axles regardless of weight 
  • A combination weight exceeding 26,000 pounds. 

IFTA and IRP Reporting With ExpressIFTA

ExpressIFTA provides one convenient location for you to track all of your IFTA and IRP totals online. We even generate IFTA and IRP reports that automatically calculate the miles traveled per jurisdiction and more, so you can use them to instantly complete your returns.

Plus, uploading your information is easy! You can use the bulk upload feature to automatically upload all of your data at once or the quick entry screen to enter your information on a monthly basis. Also, the GPS upload feature allows you to instantly import your miles traveled per jurisdiction directly from your GPS.

You can also keep detailed records per trip by entering all of your information for each of your loads. All of your information will be stored per quarter to provide you with organized records for your business that can be accessed at any time.

We’re Here To Help

If you have any questions while IFTA or IRP reporting online please don’t hesitate to contact the dedicated, US-based ExpressIFTA team. We will be more than happy to help! Give us a call Monday – Friday from 9 AM to 6 PM EST at 704.234.6005. We also offer live chat and 24/7 email support at support@ExpressIFTA.com.

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