Motor Fuel Tax Schedules And Reports Instruction Page 26
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43► If the loss allowance on line 33 was less than the loss on line 32, and if the documented casualty
loss for this line is greater than the difference, enter the documented casualty loss and STOP
HERE.
Line 35: Taxable excess losses = lines 32-33-34.
Compute the total excess gallons lost and subject to a ND fuel tax.
● Subtract lines 33 and 34 from line 32.
NOTE: These gallons need to be prorated between $.23 per gallon taxable gallons and 2% excise taxable
gallons for the entries on lines 36 and 28.
Line 36: Gal. taxable at $.23 per gal. = line 25 divided by (lines 25+26) x line 35.
Report the excess loss gallons subject to the ND $.23 per gallon tax.
● To compute:
a. Add lines 25 and 26 to arrive at total taxable gallons.
b. Divide line 25 by the sum of lines 25 plus 26 to arrive at the percentage of $.23 taxable gallons.
c. Multiply the “b” percentage times the gallons on line 35, and enter that total on this line.
● If reconciling the current month only, use page 1, lines 3 and 4 to compute this line.
Line 37: Tax at $.23 per gal. = $.23 x line 36 (enter here and on p 1, line 16).
Compute the total ND $.23 tax due on excess losses.
● Multiply $.23 times line 36.
● Transfer this entry to page 1, line 16.
Line 38: Gal. taxable at 2% excise = lines 35-36
Compute the excess loss gallons subject to the ND 2% excise tax.
● Subtract line 36 from line 35, and enter the difference.
Line 39: Value of 2% fuel = avg. price per gal. for period x line 38.
Report the total dollar value of excess losses subject to the ND 2% excise tax.
● To compute:
a. Add the page 1, line 12, dollars for each month covered by this reconciliation.
b. Divide the dollar value in “a” by line 38 to arrive at an average price per gallon for the
reconciliation period.
c. Multiply the “b” price per gallon times line 38, and enter that total on this line.
Line 40: Tax at 2% excise = .02 x line 39 (enter here and on p. 1, line 17).
Compute the total ND 2% excise tax due on excess losses.
● Multiply .02 (2%) times line 39.
● Transfer this entry to page 1, line 17.
Motor Vehicle Fuel Tax Report – Tax Type 61 – Form S01
All gallonage information, except inventories, must come from the supporting schedules.
● Gallons must be in “gross” gallons.
● Complete the applicable Columns A, B, C, D, and E.
● Add Columns A, B, C, D, and E across, and enter the total in column F for each line.
Line 1: Inventory forward = last month’s line 13 entries.
This is your closing physical inventory from the prior month brought forward to the current month.
● Enter the gallons from line 13 of your report for the prior month.
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