Form MT-903-FUT Fuel Use Tax Return - New York

What Is Form MT-903-FUT?

This is a legal form that was released by the New York State Department of Taxation and Finance - a government authority operating within New York. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form MT-903-FUT?
A: Form MT-903-FUT is the Fuel Use Tax Return form for the state of New York.

Q: Who is required to file Form MT-903-FUT?
A: Motor carriers who operate qualified motor vehicles with a gross weight of more than 18,000 pounds in New York are required to file Form MT-903-FUT.

Q: What is Fuel Use Tax?
A: Fuel Use Tax is a tax imposed on the use of motor fuel and diesel motor fuel in New York. It is paid by motor carriers.

Q: What information is required on Form MT-903-FUT?
A: Form MT-903-FUT requires motor carriers to provide information about their vehicles, distance traveled in New York, and the amount of fuel consumed.

Q: When is Form MT-903-FUT due?
A: Form MT-903-FUT is due on a quarterly basis. The due dates are April 30, July 31, October 31, and January 31.

Q: How can I file Form MT-903-FUT?
A: Form MT-903-FUT can be filed electronically or by mail. Electronic filing is the preferred method.

Q: Are there any penalties for late filing of Form MT-903-FUT?
A: Yes, there are penalties for late filing of Form MT-903-FUT. Motor carriers may be subject to late filing fees and interest charges.

Q: Is Form MT-903-FUT specific to New York state?
A: Yes, Form MT-903-FUT is specific to New York and is used to report fuel use tax for motor carriers operating in the state.

Q: Is Form MT-903-FUT the only form required to report fuel use tax in New York?
A: No, motor carriers may also be required to file other forms, such as Form MT-903 or Form TMT-1, depending on their specific operations.