Missouri IFTA Information
Missouri or properly known as “The Show-Me State” is located in the Midwestern United States and currently has a population of 6 million people. In order to receive a Missouri IFTA license you must submit an application to the Missouri Department of Transportation. There are currently no fees or charges for an application or decals.
State Requirements Missouri IFTA Licensing
As a trucker, you face some difficult challenges, but you’ve joined one of the top paying blue collar professions around as well. To succeed, you’ll want to spend as much time driving as possible, but you’ll also need to be organized. You will need to understand the IFTA requirements in order to avoid missing important deadlines. Below are some of the IFTA Missouri licensing rules you should know.
The International Fuel Tax Agreement was created to help truckers minimize the amount of paperwork involved in reporting and paying fuel use taxes. Rather than having IFTA stickers for each state on their route and paying taxes individually to those states, drivers can now submit their reports to a base jurisdiction and let them handle the rest. However, this new agreement didn’t eliminate all of the paperwork, and there are still some deadlines to meet. Let’s look at some of the IFTA sticker requirements to help you understand what you need to do and when.
Truckers are required to apply for IFTA permits if they operate a qualified motor vehicle and travel interstate among one or more member jurisdictions. A list of vehicle qualifications can be found here. There are some exemptions such as non-IFTA states and non-IFTA miles. That state by state exemption list can be found here.
The IFTA also requires truckers to submit quarterly fuel use tax reports. Failure to file and pay by the due date can result in a penalty of 10% of the taxes owed, or $50, whichever is greater. Non-compliance with these taxes can prevent renewal of your IFTA license. The quarterly due dates are as follows:
Quarterly IFTA Due Dates
|Q1 January – March||April 30|
|Q2 April – June||July 31|
|Q3 July – September||October 31|
|Q4 October – December||January 31|
Renewing Your Missouri IFTA License
Missouri IFTA licenses are valid for one year and expire on December 31st. You’re advised to submit the renewal application before November 30th to avoid any delays. In case there is a delay, you have an IFTA sticker grace period extending through February to display renewal stickers. However, the grace period only applies if you have submitted your renewal application on time.
When the new license arrives, you will also receive two decals for each vehicle(s) you operate. An IFTA decal must be placed on the outside of the cab, one on each side. Also, you must keep a copy of the current year license inside each vehicle.
If your decals are lost, stolen, or destroyed, you can apply for IFTA replacement stickers at additional cost.
How TruckingOffice Can Help
At this point, you’re probably concerned about trying to keep up with all the paperwork and reports and still find time to drive. There is a solution to your dilemma. At TruckingOffice, we make it easy for truckers to organize all aspects of their business.
Our program uses the latest technology to manage your invoices, fuel purchases and usage, dispatches, highway fuel tax reports, vehicle maintenance, and more. We track everything you need for IFTA including miles by state and fuel gallons by state. Your miles are calculated automatically using PC*Miler. If you don’t want to deal with the aggravation and stress of keeping up with everything IFTA requires, we can help. Give us a call now and let’s get started so you can spend your time on the road instead of in the office.
Start filing your IFTA the easy way today!