Do you own a trucking business in the State of Illinois? It’s important you register the vehicles in your fleet for IFTA filing to avoid penalty. Let us guide you further.
It is of utmost importance that you file your Illinois IFTA quarterly return before the due deadlines as late filing may result in a penalty of $50 or 10% of the net tax liability. You can renew an existing IFTA account online. If you want to learn how to apply for IFTA in Illinois by setting up a new account, the next section is for you:
January, February, March: April 30
April, May, June: July 31
July, August, September: October 31
October, November, December: January 31
Yes, you would still need to file a ‘zero’ report in the state of Illinois.
You can find the latest information about IFTA rules and regulations in Illinois on tax.illinois.gov.
A tax reporting service or permitting agent may electronically file your Form MFUT-12, Application for Motor Fuel Use Tax IFTA License and Decals, on your behalf but cannot electronically sign the application or pick up your decals.
Your application will be denied if the owners, partners, or corporate officers are not identified on the MFUT-12. There are no exceptions.