Boat Gas Refund

[smedley]

Thought some of you could use this. It may be too late for this year unless you keep receipts.

http://americanboating.org/fueltax.asp

[CrappieHead]

Many states do not tax highway use fuel a sales tax, just the highway use tax. So when you ask for the refund they then tax it before giving you back the highway use tax. With fuel over $2.00 a gallon now this could be more than the highway use tax. So if the gas is $2.25 a gallon and the highway use tax is .14½ a gallon and the state sales tax is 8%, you will owe the state .03½ per gallon sales tax.

[TAE73]

Many states do not tax highway use fuel a sales tax, just the highway use tax. So when you ask for the refund they then tax it before giving you back the highway use tax. With fuel over $2.00 a gallon now this could be more than the highway use tax. So if the gas is $2.25 a gallon and the highway use tax is .14½ a gallon and the state sales tax is 8%, you will owe the state .03½ per gallon sales tax.

Duane, you can get 17 cents back from Missouri if you use the gas for off-highway use aka use it in the boat or anything else. Last year I collected back 42 bucks, wasnt much but it was something. All you need to do is fill out the forms mail in your receipts and they will mail you a check. Its Missouri forms 4923 and 4925 http://dor.mo.gov/tax/business/fuel/forms/. I think this year I am going to have close to 400 gallons run thru my boat. Figures out to 68 bucks, wont buy much but will buy another tank of fuel or more tackle that I dont need.

I also heard that you can claim federal off highway tax, I am going to do some checkin in on it.

[whizkids]

In NC that would be 18 cent per gallon. Certainly worth looking into. Thanks