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 tax 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 is required to file Form PT-102.

Q: What is the purpose of Form PT-102?
A: The purpose of Form PT-102 is to report and remit tax on diesel motor fuel to the state of New York.

Q: When is the deadline for filing Form PT-102?
A: Form PT-102 must be filed and the tax must be paid on a quarterly basis. The deadlines are April 20th, July 20th, October 20th, and January 20th.

Q: What information is needed to complete Form PT-102?
A: To complete Form PT-102, you will need to provide information such as the number of gallons of diesel motor fuel sold or used, the tax rate, and the amount of tax owed.

Q: Are there any exemptions or deductions available for diesel motor fuel tax?
A: Yes, there are certain exemptions and deductions available for diesel motor fuel tax. You can refer to the instructions for Form PT-102 or consult with a tax professional for more information.

Q: What are the penalties for not filing or paying the tax on time?
A: Failure to file or pay the tax on time can result in penalties and interest charges. The specific penalties and interest rates can vary depending on the circumstances.