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Instructions for Form PT 350 Petroleum Business Tax Return for Fuel Consumption Commercial Vessels Revised 922 2022-2025

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Instructions for Form PT 350 Petroleum Business Tax Return for Fuel Consumption Commercial Vessels Revised 922 2022-2025

2022-2025 Form

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so you guys know this is what i'm working with but it's okay i have tape seriously i can't believe i have to put tape [Music] wait hey guys welcome back to another video and today we're gonna be talking about ifta the topic that is so confusing for most people to understand and you know what for me it took three months of actively working to actually understand the subject of ifta are you ready let's go so the goal of this video is to simplify ifta as much as possible so that you can actually calculate it and understand how it works so before we get started there are a number of things that i want you to consider number one fuel taxes are determined by where you actually consumed the fuel number two fuel tax credits are determined by where you purchase the fuel number three the taxes that you actually owe are based on the difference between how much fuel you consumed and how much fuel you purchased number four every state in the united states set

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