Ohio Form Mf 2 PDF Details

In the state of Ohio, licensed dealers are required to accurately report their monthly motor fuel taxes through the Ohio MF 2 form, a comprehensive document that enables the Ohio Department of Taxation to monitor and collect motor fuel taxes effectively. This form encompasses various sections requiring detailed information on different types of fuels, such as gasoline, dyed low sulfur diesel, kerosene, clear diesel, and miscellaneous fuels. Dealers must report gross taxable gallons, calculate shrinkage allowance and retail shrinkage, and determine net taxable gallons after adjustments. The form's design to include specific instructions for calculating shrinkage allowances, tax rates for different periods, and penalties for late filing and interest for overdue payments ensures dealers are well-informed about their obligations. These components form the backbone of the taxing process for motor fuels, playing a crucial role in state tax collection and compliance. By mandating the completion and submission of this form by the last day of the month following the report period, Ohio upholds a structured and efficient approach towards fuel tax administration, balancing accountability with clear guidelines to facilitate compliance among fuel dealers.

QuestionAnswer
Form NameOhio Form Mf 2
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other nameslicensed dealer39s monthly ohio motor fuel tax report ohio motor fuel dealer form

Form Preview Example

HIO

MF 2

Department ofRev. 7/09

Taxation

P.O. Box 530

Columbus, OH 43216-0530

Licensed Dealer’s Monthly Ohio Motor Fuel Tax Report

Dealer name

 

 

 

 

 

 

 

FEIN

 

 

 

 

Month/Year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Street

 

 

 

 

City

 

 

 

State

 

 

ZIP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Check here to cancel account

 

 

Effective date

 

Check here if address is new

 

 

Transfer Totals From Fuel Schedule Recaps

 

 

 

 

(Use whole gallons only)

1. Gasoline (Schedule Recap MF 2A line 9)

1.

 

 

 

 

 

 

2. Dyed low sulfur diesel (Schedule Recap MF 2B line 13)

2.

 

 

 

 

 

 

3. Kerosene (Schedule Recap MF 2C line 16)

3.

 

 

 

 

 

 

4. Clear diesel (Schedule Recap MF 2D line 15)

4.

 

 

 

 

 

 

5. This line intentionally left blank

 

 

 

 

 

5.

 

 

 

 

 

 

6. Miscellaneous fuels (Schedule Recap MF 2F line 8)

6.

 

 

 

 

 

 

7. Gross taxable gallons (add lines 1 through 6)

7.

 

 

 

 

 

 

8. Shrinkage allowance/discount (multiplyline7byappropriatepercentage–seeline

 

 

 

 

 

 

instructionsfornewrateseffectiveJuly1,2009)

8.

 

 

 

 

 

 

 

 

 

 

 

 

9. Retail shrinkage (multiply gallons sold to retailers by retailer percentage – see line instructions

 

 

 

 

 

 

fornewrateseffectiveJuly1,2009)

 

 

 

 

 

9.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10. Net taxable gallons (line 7 plus line 9 minus line 8)

10.

 

 

 

 

 

 

$

 

 

 

 

 

11. Gross tax (multiply line 10 by applicable tax rate – see instructions)

11.

 

 

 

 

 

12. This line intentionally left blank

 

 

 

 

 

12.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

13. This line intentionally left blank

 

 

 

 

 

13.

 

 

 

 

 

 

14. Tax due (line 11)

 

 

 

 

 

14.

$

 

 

 

 

 

 

 

 

 

 

$

 

 

 

 

 

15. Late filing charge (see instructions)

................................................................................

 

 

 

 

15.

 

 

 

 

 

16. Interest (see instructions)

 

 

 

 

 

16.

$

 

 

 

 

 

17. Total amount due (add lines 14, 15 and 16)

17.

$

 

 

 

 

 

I declare under penalties of perjury that this report (including any accompanying schedules and statements) has been examined by me and to the best of my knowledge and belief is a true, correct and complete report.

Authorized signature

 

Telephone

 

 

 

 

E-mail address

 

 

Date

 

 

 

This report must be filed with the Ohio Department of Taxation, Motor Fuel Division, P.O. Box 530, Columbus, Ohio

43216-0530 and received by the last day of each month following the report period. Telephone inquiries: (614) 466-3503; Fax: (614) 752-8644.

 

 

MF 2

 

 

Rev. 7/09

 

 

Page 2

 

Return Instructions

Line 8

Shrinkage – If your tax report is filed and timely paid, multiply the taxable gallons on line 7 by the appropriate

 

shrinkage percentage. You are not entitled to the shrinkage allowance if your report is filed and/or paid after the

 

due date.

 

 

Reporting Period

Shrinkage Percentage

 

July 1, 1993 to June 30, 2005

3% (.03)

 

July 1, 2005 to June 30, 2006

2.5% (.025)

 

July 1, 2006 to June 30, 2007

1.95% (.0195)

 

July 1, 2007 to June 30, 2009

1.90% (.019) – shrinkage and collection/administration discount

 

Beginning July 1, 2009 to June 30, 2011

1.0% (.010)

Line 9

Retail shrinkage – You must add back a percentage of all gallons of fuel sold to a retail dealers as defined in

 

Ohio Revised Code Section 5735.01(O). Do not include gallons sold to retail dealers licensed under your FEIN.

 

Reporting Period

Shrinkage Percentage

 

July 1, 1993 to June 30, 2005

1% (.01)

 

July 1, 2005 to June 30, 2006

0.83% (.0083)

 

July 1, 2006 to June 30, 2007

0.65% (.0065)

 

July 1, 2007 to June 30, 2011

0.50% (.0050)

Line 11

Tax rate

 

 

Reporting Period

Tax Rate Per Gallon

 

July 1, 2003 to June 30, 2004

$0.24

 

July 1, 2004 to June 30, 2005

$0.26

 

Beginning July 1, 2005

$0.28

Lines 15/16 According to R.C. 5735.06(C), the tax report must be filed/received with the tax payment shown on the report, unless required to be submitted by EFT, by the due date. If the tax report and tax payment are not filed/received on or before the due date, you are liable for a “late filing charge” (line 15) and subject to interest (line 16) in addition to disallowance of any shrinkage claim. The late filing charge is the greater of 10% of your liability (line

14)or $50. The interest is to be calculated from the date the payment was due until the date the payment was actually received by the Ohio Treasurer of State or the Department of Taxation. The interest rate is determined on a calendar year basis and can change from year to year. Please visit our Web site at tax.ohio.gov for the current interest rate.

How to Edit Ohio Form Mf 2 Online for Free

Handling PDF forms online is certainly quite easy with this PDF editor. Anyone can fill out Ohio Form Mf 2 here and try out various other options available. Our editor is constantly evolving to provide the best user experience achievable, and that is because of our resolve for continuous enhancement and listening closely to feedback from users. Getting underway is simple! All you need to do is take the following easy steps below:

Step 1: Click the "Get Form" button above. It will open our tool so that you can begin filling out your form.

Step 2: Once you launch the file editor, you will notice the document prepared to be completed. Other than filling out various blank fields, you may as well perform several other things with the PDF, that is writing custom words, changing the original text, adding graphics, placing your signature to the PDF, and much more.

This document will require specific information; to guarantee correctness, please be sure to consider the suggestions down below:

1. Whenever submitting the Ohio Form Mf 2, be certain to complete all of the needed fields in the corresponding section. It will help to hasten the process, allowing for your details to be processed without delay and appropriately.

Step # 1 in filling out Ohio Form Mf 2

2. Once your current task is complete, take the next step – fill out all of these fields - for new rates effective July, Net taxable gallons line plus, Gross tax multiply line by, This line intentionally left, This line intentionally left, Tax due line, Late filing charge see, Interest see instructions, Total amount due add lines and, I declare under penalties of, Authorized signature, and Telephone with their corresponding information. Make sure to double check that everything has been entered correctly before continuing!

Ohio Form Mf 2 conclusion process described (step 2)

Be really mindful while filling in Telephone and for new rates effective July, because this is the section in which many people make a few mistakes.

3. In this specific part, look at Email address, Date, and This report must be filed with the. All of these should be completed with highest awareness of detail.

Ohio Form Mf 2 conclusion process detailed (stage 3)

Step 3: Once you have looked again at the information you filled in, click on "Done" to complete your document creation. Create a 7-day free trial account with us and obtain instant access to Ohio Form Mf 2 - download or edit from your personal cabinet. FormsPal guarantees your information confidentiality via a secure method that never saves or distributes any type of private information provided. You can relax knowing your docs are kept safe each time you use our tools!