Enter the total miles driven, fuel purchased, and tax rate into the calculator to determine your net IFTA fuel tax.
IFTA Fuel Tax Calculation Formula
The following formula is used to calculate the net IFTA fuel tax from your miles driven and fuel purchased.
Net Tax = (Fuel Purchased * Tax Rate)
Variables:
- Net Tax is the net tax amount due ($)
- Fuel Purchased is the total gallons of fuel purchased (Gallons)
- Tax Rate is the tax rate per gallon ($)
To calculate the net tax, multiply the fuel purchased by the tax rate.
What is IFTA Fuel Tax Calculation?
IFTA (International Fuel Tax Agreement) fuel tax calculation refers to the process of determining the net fuel tax owed after accounting for miles driven across multiple jurisdictions. This involves understanding your total miles driven, fuel purchased, and the applicable