IRP international registration plan
how does IRP work? do i have to keep track of every mile I drive in every state and pay by the mile per state?:confused:
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once you are running, you use last year's IFTA numbers for your IRP calculations.
To get started, there are estimate charts from your DOT to use. |
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If you screw up, it will cost you, as it is not worth it when it is so easy to keep track of everything. And as far as how it works? Good question, there is a formula based on gallons of fuel purchased and miles traveled in every state. If you do not purchase fuel in a state you travel through, you pay the full tax rate. If you buy fuel in a state you pay no tax or a portion of a tax. Then we have Indiana, Kentucky, New Mexico and Oregon. They all have a different structure, where you ultimately always wind up paying something. |
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Justruckin is confusing the issue of IRP with IFTA, and then for some reason is bringing in the highway use taxes charged by some states (though he failed to mention that NY also charges a highway tax), which are all completely different animals. IFTA is ALL ABOUT your fuel purchases (that would be why it is the International Fuel Tax Agreement), but has nothing to do with IRP. Yes, you may use your IFTA records to calculate your IRP filing, but that is the extent the two are related. |
Also when applying for your Base Plate (which is what you are doing with the IRP), most states will want to see a copy, or maybe even an original IRS Form 2290 Schedule A. This form is used to pay annual “Heavy Highway Vehicle” tax on each vehicle you own. That annual period runs, like IRP, from July 01 to June 30 each year and will cost you $550 each year for every tractor you own (assuming you are in business for the entire period… they do allow you to prorate if you are only in business for a portion of the tax period). Guard your original 2290 with your life, as you must have proof you paid these taxes to do a variety of other things.
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You need to make sure to keep your 2290 in a safe place. I received a bill from the IRS about a year or two ago saying that I had not paid my 2290. Fortunately, I had my stamped copy and canceled check where it had been paid. Apparently, they somehow credited the wrong account, even though the correct FEIN was on the check and 2290 form. I would recommend that you physically go to your local IRS office to pay your 2290 so that they can stamp it paid with the date. You can mail it but it is much quicker and safer to physically go to their office. You can't get your base plates and permits without a paid 2290.
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I always get a confirmation that I can print out but if I lived 20 minutes from where I could pay it in person, I would, the nearest place to me is 2 hours away |
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they also send a stamped receipt which takes a couple of weeks |
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I have an IRS office that is close to me, but even if I didn't I think that I would go in person to pay it....mainly to get the stamped receipt. You only need to do it once a year. All I need to do is fill out the form and drop it off at their front desk with my check and they stamp it right there. Of course, once you pay it once they send it mostly filled out for you the next year.
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