Form 72a089 - Licensed Gasoline Dealer'S Monthly Report (Page 2 of 2) in pdf

INSTRUCTIONS

➤

WHO MUST FILE

Each licensed gasoline dealer must file this report with all applicable supporting schedules

each month. This report is required even though there may be no tax-free gallons to list as

received or distributed.

➤

WHEN TO FILE

The report is due on or before the 25th day of the month following the month covered by the

report. Example: The January report is due on February 25. Failure to timely file a monthly

report will result in loss of compensation (line 18) and imposition of late filing penalties.

➤

PAYMENT

Payment of the tax due must accompany the report. The monthly payment must be made by

Electronic Funds Transfer to Kentucky State Treasurer. Failure to timely remit all gasoline

tax due will result in loss of compensation (line 18) and imposition of late pay penalties and

interest.

➤

EXTENSION OF TIME

Notify the Motor Fuels Tax Compliance Section in the event you need to extend the filing date.

Payment of not less than 95 percent of the total tax liability is required to extend the filing date

of the gasoline monthly report. If the estimated payment is filed timely then the completed

72A089 and support schedules with any remaining tax payment is due on the last day of the

month.

➤

TAX RATE

The gasoline tax rate is set quarterly and is effective for a quarterly period. Notification of the

tax rate is mailed 20 days before the beginning of each calendar quarter. Example: Dealers are

notified by March 10 of the tax rate effective for April, May and June.

➤

RECORDS RETENTION

Licensed dealers must keep all records relating to the receipt and distribution of gasoline for

a period of five years. Such records include invoices, bills of lading, delivery tickets, meter

readings and any other documents relating to the dealer’s motor fuel activity.

PETROLEUM STORAGE

TANK ENVIRONMENTAL

ASSURANCE FEE

➤

MONTHLY REPORT

Each licensed gasoline dealer must also file Form 72A011, Petroleum Storage Tank

Environmental Assurance Fee Monthly Report. The fee computed on gasoline gallons is based

on taxable gasoline shown on line 11 of this report.

➤

STATISTICAL GALLONS

Part III, line 1 gallons are the total gallons of gasoline purchased at the terminal rack for import

into Kentucky and on which the Kentucky gasoline excise tax was precollected by the

supplier. Attach Form 72A179 (Schedule 1).

Part III, line 2 information is provided to the Kentucky Transportation Cabinet for use in

compiling data required to be provided to the Federal Highway Administration of the U.S.

Government.

ASSISTANCE AND

➤

INFORMATION

Telephone

(502) 564-3853

Address Correspondence

Motor Fuels Tax Section

Department of Revenue

P.O. Box 1303, Station 63

Frankfort, KY 40602-1303

Form 72a089 - Licensed Gasoline Dealer'S Monthly Report Page 2

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