This is a legal form that was released by the New Mexico Taxation and Revenue Department - Motor Vehicle Division - a government authority operating within New Mexico. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is form MVD-11263?
A: Form MVD-11263 is the IFTA Quarterly Tax Return for New Mexico.
Q: What is IFTA?
A: IFTA stands for International Fuel Tax Agreement, which is an agreement among US states and Canadian provinces for the reporting and payment of fuel taxes by interstate motor carriers.
Q: Who needs to file form MVD-11263?
A: Motor carriers operating in New Mexico who are registered under the International Fuel Tax Agreement (IFTA) need to file form MVD-11263.
Q: What is the purpose of form MVD-11263?
A: Form MVD-11263 is used to report and pay the fuel taxes owed by motor carriers operating in New Mexico as part of the IFTA.
Q: How often should form MVD-11263 be filed?
A: Form MVD-11263 should be filed on a quarterly basis, every three months.
Q: What information is required on form MVD-11263?
A: Form MVD-11263 requires information such as the total miles traveled, total gallons of fuel consumed, and the total tax due for each jurisdiction.
Q: Are there any penalties for late filing of form MVD-11263?
A: Yes, there are penalties for late filing of form MVD-11263, including interest charges and possible suspension of your IFTA license.
Q: Are there any exemptions or deductions available on form MVD-11263?
A: Yes, there are exemptions and deductions available on form MVD-11263. It is important to consult the instructions provided with the form or seek professional advice for details.
Q: What should I do if I have questions about form MVD-11263?
A: If you have questions about form MVD-11263, you should contact the New Mexico Motor Vehicle Division (MVD) or consult with a tax professional.
Form Details:
Download a printable version of Form MVD-11263 by clicking the link below or browse more documents and templates provided by the New Mexico Taxation and Revenue Department - Motor Vehicle Division.