MCFT Tax Return Data Entry

 

Tax Return Data Entry is a page designed to provide easy entry of MCFT tax return information. 

 

Zero Activity for this period: Place a check mark in the checkbox if there are no miles or gallons reported on the quarterly tax return for this period. It will overwrite any data already entered!

 

The MCFT Data Entry page allows for quick entry of the tax return information for an account that does not cross into other jurisdictions, and all miles and gallons are Indiana.

 

MCFT Data Entry Page Elements

Label                                Description

Total Miles

Column (numbers)

On the row for a type of fuel, enter the number of total miles for all vehicles using this fuel type, in all jurisdictions for the quarter.

Total Gallons

Column (numbers)

On the row for a type of fuel, enter the number of total gallons of the fuel type, for all vehicles in all jurisdictions for the quarter.

MPG

Column (numbers)

For each row of a fuel type, divide the total miles by the total gallons, and put the result in the MPG column.

Example:

 Total Miles          Total Gallons            MPG

 20000       4000       5

 

 

To continue, Filing Options topic below, then read the Tax Calculation section.