Navigating the 1st Quarter 2024 IFTA Deadline with Updated Tax Rates
As the first quarter of 2024 draws to a close, trucking businesses across North America are gearing up for the International Fuel Tax Agreement (IFTA) deadline. This quarterly deadline, which falls on April 30th, is crucial for managing interstate fuel taxes for owner-operators and fleet operations.
TruckLogics, a leading provider of trucking management solutions, has streamlined this process by updating the latest tax rate changes for the first quarter of 2024.
TruckLogics recognizes the importance of staying up-to-date with changing tax regulations to ensure compliance and minimize potential penalties for its clients. IFTA tax rates are updated quarterly, and the 1st quarter IFTA tax rate changes were recently announced. Here is a quick update on these changes and what they mean for motor carriers.
The states and provinces with updated IFTA tax rates are as follows (in USD, CAD where applicable).
1st Quarter IFTA Tax Rate Changes
| State/Province | Fuel Type | 4th Quarter 2023 | 1st Quarter 2024 |
| Alberta | Gasoline | $- | $0.09 |
| Special Diesel | $- | $0.09 | |
| Gasohol | $- | $0.09 | |
| Propane | $0.09 | $0.09 | |
| LNG | $- | $- | |
| CNG | $- | $- | |
| Ethanol | $- | $0.09 | |
| Methanol | $- | $0.09 | |
| E-85 | $- | $0.09 | |
| M-85 | $- | $0.09 | |
| A55 | $- | $0.09 | |
| Biodiesel | $- | $0.09 | |
| Electricity | $- | $- | |
| Hydrogen | $- | $- | |
| Hythane | $- | $- | |
| Manitoba | Gasoline | $0.14 | $- |
| Special Diesel | $0.14 | $- | |
| Gasohol | $0.14 | $- | |
| Propane | $0.03 | $0.03 | |
| LNG | $0.10 | $- | |
| CNG | $0.10 | $- | |
| Ethanol | $0.14 | $- | |
| Methanol | $0.14 | $- | |
| E-85 | $0.14 | $- | |
| M-85 | $0.14 | $- | |
| A55 | $0.14 | $- | |
| Biodiesel | $0.14 | $- | |
| Electricity | $- | $- | |
| Hydrogen | $- | $- | |
| Hythane | $- | $- | |
| Florida | Gasoline | $0.38 | $0.40 |
| Special Diesel | $0.38 | $0.39 | |
| Gasohol | $0.38 | $0.40 | |
| Propane | $- | $- | |
| LNG | $- | $- | |
| CNG | $- | $- | |
| Ethanol | $- | $- | |
| Methanol | $- | $- | |
| E-85 | $- | $- | |
| M-85 | $- | $- | |
| A55 | $- | $- | |
| Biodiesel | $0.38 | $0.39 | |
| Electricity | $- | $- | |
| Hydrogen | $- | $- | |
| Hythane | $- | $- | |
| Georgia | Gasoline | $0.31 | $0.32 |
| Special Diesel | $0.35 | $0.36 | |
| Gasohol | $0.31 | $0.32 | |
| Propane | $0.31 | $0.32 | |
| LNG | $0.31 | $0.32 | |
| CNG | $0.31 | $0.32 | |
| Ethanol | $0.31 | $0.32 | |
| Methanol | $0.31 | $0.32 | |
| E-85 | $0.31 | $0.32 | |
| M-85 | $0.31 | $0.32 | |
| A55 | $0.31 | $0.32 | |
| Biodiesel | $0.35 | $0.36 | |
| Electricity | $- | $- | |
| Hydrogen | $- | $- | |
| Hythane | $- | $- | |
| Illinois | Gasoline | $0.69 | $0.65 |
| Special Diesel | $0.79 | $0.74 | |
| Gasohol | $0.69 | $0.65 | |
| Propane | $0.71 | $0.71 | |
| LNG | $0.68 | $0.70 | |
| CNG | $0.57 | $0.58 | |
| Ethanol | $0.69 | $0.65 | |
| Methanol | $0.69 | $0.65 | |
| E-85 | $0.69 | $0.65 | |
| M-85 | $0.69 | $0.65 | |
| A55 | $0.69 | $0.65 | |
| Biodiesel | $0.79 | $0.74 | |
| Electricity | $- | $- | |
| Hydrogen | $- | $- | |
| Hythane | $- | $- | |
| Indiana | Gasoline | $0.34 | $0.34 |
| Special Diesel | $0.57 | $0.57 | |
| Gasohol | $0.34 | $0.34 | |
| Propane | $- | $- | |
| LNG | $0.57 | $0.57 | |
| CNG | $0.57 | $0.57 | |
| Ethanol | $0.34 | $0.34 | |
| Methanol | $0.34 | $0.34 | |
| E-85 | $0.34 | $0.34 | |
| M-85 | $0.34 | $0.34 | |
| A55 | $0.34 | $0.34 | |
| Biodiesel | $0.57 | $0.57 | |
| Electricity | $- | $0.08 | |
| Hydrogen | $- | $0.08 | |
| Hythane | $- | $0.08 | |
| Massachusetts | Gasoline | $0.24 | $0.24 |
| Special Diesel | $0.24 | $0.24 | |
| Gasohol | $0.24 | $0.24 | |
| Propane | $0.27 | $0.13 | |
| LNG | $0.27 | $0.13 | |
| CNG | $0.27 | $0.13 | |
| Ethanol | $0.24 | $0.24 | |
| Methanol | $0.24 | $0.24 | |
| E-85 | $0.24 | $0.24 | |
| M-85 | $0.24 | $0.24 | |
| A55 | $0.24 | $0.24 | |
| Biodiesel | $0.24 | $0.24 | |
| Electricity | $- | $- | |
| Hydrogen | $- | $- | |
| Hythane | $- | $- | |
| Michigan | Gasoline | $0.45 | $0.45 |
| Special Diesel | $0.52 | $0.50 | |
| Gasohol | $0.45 | $0.45 | |
| Propane | $0.52 | $0.50 | |
| LNG | $0.52 | $0.50 | |
| CNG | $0.45 | $0.45 | |
| Ethanol | $0.45 | $0.45 | |
| Methanol | $0.45 | $0.45 | |
| E-85 | $0.45 | $0.45 | |
| M-85 | $0.45 | $0.45 | |
| A55 | $0.52 | $0.50 | |
| Biodiesel | $0.52 | $0.50 | |
| Electricity | $- | $- | |
| Hydrogen | $0.52 | $0.50 | |
| Hythane | $- | $0.45 | |
| Nebraska | Gasoline | $0.29 | 0.291 |
| Special Diesel | $0.29 | 0.291 | |
| Gasohol | $0.29 | 0.291 | |
| Propane | $0.29 | 0.291 | |
| LNG | $0.29 | 0.291 | |
| CNG | $0.29 | 0.291 | |
| Ethanol | $0.29 | 0.291 | |
| Methanol | $0.29 | 0.291 | |
| E-85 | $0.29 | 0.291 | |
| M-85 | $0.29 | 0.291 | |
| A55 | $0.29 | 0.291 | |
| Biodiesel | $0.29 | 0.291 | |
| Electricity | $- | $- | |
| Hydrogen | $0.29 | $0.29 | |
| Hythane | $- | $- | |
| New York | Gasoline | $0.42 | $0.41 |
| Special Diesel | $0.40 | $0.40 | |
| Gasohol | $0.42 | $0.41 | |
| Propane | $0.24 | $0.24 | |
| LNG | $- | $- | |
| CNG | $- | $- | |
| Ethanol | $0.42 | $0.41 | |
| Methanol | $0.42 | $0.41 | |
| E-85 | $- | $- | |
| M-85 | $0.42 | $0.41 | |
| A55 | $0.42 | $0.41 | |
| Biodiesel | $- | $- | |
| Electricity | $- | $- | |
| Hydrogen | $- | $- | |
| Hythane | $- | $- | |
| North Carolina | Gasoline | $0.41 | $0.40 |
| Special Diesel | $0.41 | $0.40 | |
| Gasohol | $0.41 | $0.40 | |
| Propane | $0.41 | $0.40 | |
| LNG | $0.41 | $0.40 | |
| CNG | $0.41 | $0.40 | |
| Ethanol | $0.41 | $0.40 | |
| Methanol | $0.41 | $0.40 | |
| E-85 | $0.41 | $0.40 | |
| M-85 | $0.41 | $0.40 | |
| A55 | $0.41 | $0.40 | |
| Biodiesel | $0.41 | $0.40 | |
| Electricity | $- | $- | |
| Hydrogen | $0.41 | $0.40 | |
| Hythane | $- | $- | |
| Pennsylvania | Gasoline | $0.61 | $0.58 |
| Special Diesel | $0.79 | $0.74 | |
| Gasohol | $0.61 | $0.58 | |
| Propane | $0.45 | $0.43 | |
| LNG | $0.69 | $0.65 | |
| CNG | $0.61 | $0.58 | |
| Ethanol | $0.41 | $0.38 | |
| Methanol | $0.31 | $0.29 | |
| E-85 | $0.44 | $0.41 | |
| M-85 | $0.35 | $0.33 | |
| A55 | $0.79 | $0.74 | |
| Biodiesel | $0.79 | $0.74 | |
| Electricity | $0.02 | $0.02 | |
| Hydrogen | $0.61 | $0.58 | |
| Hythane | $- | $- | |
| South Dakota | Gasoline | $0.28 | $0.28 |
| Special Diesel | $0.28 | $0.28 | |
| Gasohol | $- | $- | |
| Propane | $0.20 | $0.20 | |
| LNG | $0.14 | $0.14 | |
| CNG | $0.10 | $0.10 | |
| Ethanol | $0.14 | $0.14 | |
| Methanol | $0.14 | $0.14 | |
| E-85 | $- | $- | |
| M-85 | $- | $- | |
| A55 | $- | $- | |
| Biodiesel | $0.28 | $0.28 | |
| Electricity | $- | $- | |
| Hydrogen | $- | $- | |
| Hythane | $- | $- | |
| Utah | Gasoline | $0.35 | $0.37 |
| Special Diesel | $0.35 | $0.37 | |
| Gasohol | $0.35 | $0.37 | |
| Propane | $- | $- | |
| LNG | $0.19 | $0.20 | |
| CNG | $0.19 | $0.20 | |
| Ethanol | $0.35 | $0.37 | |
| Methanol | $0.35 | $0.37 | |
| E-85 | $0.35 | $0.37 | |
| M-85 | $0.35 | $0.37 | |
| A55 | $0.35 | $0.37 | |
| Biodiesel | $0.35 | $0.37 | |
| Electricity | $- | $- | |
| Hydrogen | $0.19 | $0.20 | |
| Hythane | $- | $- | |
| West Virginia | Gasoline | $0.37 | $0.36 |
| Special Diesel | $0.37 | $0.36 | |
| Gasohol | $0.37 | $0.36 | |
| Propane | $0.21 | $0.20 | |
| LNG | $0.18 | $0.16 | |
| CNG | $0.28 | $0.25 | |
| Ethanol | $0.37 | $0.36 | |
| Methanol | $0.37 | $- | |
| E-85 | $0.37 | $0.36 | |
| M-85 | $0.37 | $0.36 | |
| A55 | $0.37 | $0.36 | |
| Biodiesel | $0.37 | $0.36 | |
| Electricity | $- | $- | |
| Hydrogen | $0.28 | $0.25 | |
| Hythane | $- | $- |
With TruckLogics’ comprehensive support and updated tax rate data, trucking businesses can navigate the complexities of the 1st Quarter 2024 IFTA deadline with confidence. By leveraging these resources, truckers can ensure accurate reporting, maintain compliance with tax regulations, and focus on optimizing their operations for success in the ever-evolving transportation industry.
The Basics of IFTA:
The International Fuel Tax Agreement (IFTA) is a cooperative effort between the lower 48 states of the United States and the Canadian provinces, simplifying the reporting of fuel use by motor carriers operating in multiple jurisdictions. This agreement streamlines the process, allowing carriers to submit a single quarterly fuel tax report.
You must obtain an IFTA license and stickers if you operate a qualified motor vehicle and you are based in a member jurisdiction and operate a qualified motor vehicle in 2 or more member jurisdictions.
A Qualified Motor Vehicle is a motor vehicle used, designed, or maintained for transportation of persons or property and:
1) has two axles and a gross vehicle weight or registered gross vehicle weight exceeding 26,000 pounds or 11,797 kilograms; or
2) has three or more axles regardless of weight; or
3) is used in combination, when the weight of such combination exceeds 26,000 pounds or 11,797 kilograms gross vehicle or registered gross vehicle weight.
TruckLogics Is Here For You
TruckLogics continues to be a trusted partner for trucking businesses, offering innovative solutions to simplify tax compliance and enhance operational efficiency. As the 1st quarter 2024 IFTA deadline approaches, TruckLogics stands ready to empower truckers with the tools and insights they need to thrive in today’s competitive landscape.
Stay tuned for further updates and announcements from TruckLogics as we remain committed to supporting the success of trucking businesses across North America.