Get the free SPECIAL FUELS SCHEDULE OF SALES
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Use the MFT10 form to report any sales and/or use of special fuels. Special Fuels include diesel, fuel oil, kerosene, gas oil, propane and any other fuel used and not taxed under the Motor Fuels Tax
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How to fill out special fuels schedule of
How to fill out special fuels schedule of
01
To fill out the special fuels schedule, follow these steps:
02
Start by entering your personal/company information at the top of the form.
03
Provide the reporting period for which you are filing the schedule.
04
Specify the type of special fuel being reported.
05
Enter the beginning and ending inventory levels for the reporting period.
06
Record the total gallons purchased during the reporting period.
07
Calculate and enter the total gallons used for taxable purposes.
08
Determine the total gallons used for nontaxable purposes and fill in the corresponding field.
09
Calculate and enter the total gallons subject to tax.
10
Include any adjustments or credits related to the special fuels schedule, if applicable.
11
Sign and date the form before submitting it.
12
Make sure to double-check all the information before finalizing the schedule.
Who needs special fuels schedule of?
01
The special fuels schedule is needed by individuals or businesses engaged in activities involving special fuels that are subject to taxation.
02
This schedule is typically required for entities such as fuel retailers, distributors, manufacturers, and any other parties involved in the sale, storage, or use of special fuels.
03
It is important to consult with your local tax authority or regulatory agency to determine if you are required to file the special fuels schedule.
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