Get Form Ft-941:6/12:terminal Operator's Monthly Report Of Diesel ... - Tax Ny

Filling out the Form FT-941: Terminal Operator's Monthly Report of Diesel Motor Fuel can be a straightforward process when you have clear instructions. This guide will walk you through each section of the form to ensure accuracy and compliance with tax regulations.

Follow the steps to successfully complete the form online.

1. Click ‘Get Form’ button to obtain the form and open it for editing.
2. Begin by entering the name of the terminal operator in the designated field. Ensure your entry is accurate, as this identifies you as the respondent for this report.
3. Provide your Federal employer identification number (EIN) in the corresponding field. This identifier is crucial for tax purposes.
4. Enter your business address, including the number and street. This ensures that your contact information is up to date.
5. Input the address of the facility where the terminal operations occur. Include the city, state, and ZIP code.
6. If you are registered under Article 12-A, mark an X in the box provided. This indicates your registration status and may exempt you from completing certain lines of the form.
7. Fill in the number of attached Forms FT-941.1, which detail the individual reconciliation of your operations.
8. Indicate the type of fuel stored in gallons for kerosene, non-highway diesel motor fuel, highway diesel motor fuel, motor fuel, and any other fuel in the specified fields.
9. Total the book inventory by summing the amounts from the attached Forms FT-941.1.
10. Conduct a physical inventory and record the results in the designated field.
11. Calculate the inventory difference by subtracting the physical inventory from the total book inventory. Enter any loss in brackets, if applicable.
12. Document the date of your physical inventory in the mm-dd format.
13. Provide a detailed explanation of any discrepancies noted in the inventory difference.
14. Once all required fields are complete and verified, you can save your changes, download, print, or share the completed form as needed.

Complete your Form FT-941 online today to ensure timely and accurate reporting.