Instructions for Form PT-102 Tax on Diesel Motor Fuel - New York

Form PT-102 Tax on Diesel Motor Fuel - New York

This document contains official instructions for Form PT-102 , Tax on Diesel Motor Fuel - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form PT-102 is available for download through this link.

FAQ

Q: What is Form PT-102?
A: Form PT-102 is a tax form for reporting and paying taxes on diesel motor fuel in New York.

Q: Who needs to file Form PT-102?
A: Anyone who sells or uses diesel motor fuel in New York and is required to pay the tax on it needs to file Form PT-102.

Q: What is the purpose of Form PT-102?
A: The purpose of Form PT-102 is to report the quantity of diesel motor fuel sold or used in New York and calculate the corresponding tax amount.

Q: How often should Form PT-102 be filed?
A: Form PT-102 must be filed on a monthly basis.

Q: What information is required on Form PT-102?
A: Form PT-102 requires information such as the gallons of diesel motor fuel sold or used, the tax rate, and the total tax amount.

Q: When is the deadline for filing Form PT-102?
A: Form PT-102 must be filed and the tax payment must be made by the last day of the month following the month in which the fuel was sold or used.

Q: What happens if I don't file Form PT-102?
A: Failure to file Form PT-102 or pay the tax on time may result in penalties and interest charges.

Q: Are there any exemptions or credits available for Form PT-102?
A: Yes, there are certain exemptions and credits available for diesel motor fuel used for certain purposes, such as farming or government use. Consult the instructions for Form PT-102 for more information.