Form Ga-It - Estimated Tax Return And Application For Extension Of Time To File New Jersey Motor Fuels Tax Return Page 2

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Instructions to Complete Form GA-IT
This form is be used by Motor Fuel Distributors, Jobbers, Importers and Seller/User holders requesting
an extension of time to file New Jersey Motor Fuel Tax Return. However, as an alternative to filing this
report the Division of Taxation will accept wire transfers of estimated payments in lieu of a check or
money order. Such transfers must be made on or before the twentieth day of the month to ensure the
granting of an automatic extension of time for filing. Transfers should be addressed as follows:
RECEIVING BANK ..................................................... NEW JERSEY NATIONAL BANK
TELEGRAPHIC ABBBEVIATION .............................. NJ NATL TRENTON
A.B.A. BANK NUMBER............................................... 031200730
ADDRESSEE ............................................................. STATE OF NEW JERSEY
MOTOR FUELS TAX
ACCOUNT NUMBER ................................................. 000-003-7
In order for an extension to be approved the Division of Taxation must receive an estimated payment as
outlined above or receive this form on or before the twentieth day of the month following the report
month.
Note: Taxpayers with a "zero" tax liability must nevertheless file this return in order to be
granted an extension to file their report.
An estimated payment must accompany this return. This estimated payment should be 100% of the tax
liability for the reporting period, however, penalties will not be imposed if the payment meets one (1) of
the following conditions:
1. 100% of the tax payment made for the same reporting period of the prior year (Line 6 1)
2. or, 95% of the current reporting month's tax liability (Line 8 2)
If the estimated payment meets one of these criteria, a late filing penalty will not be imposed. However,
interest will be billed for any underpayment of tax.
The return on extension must be filed by the last business day of the month.
Overpayments of tax resulting from a higher estimated payment than necessary will be carried as credits
against the following month's payment unless a refund is specifically requested in writing.
Important: Indicate the license type and license number in the space provided. Insure that this return is
signed.

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