Ohio Form Mf 2 PDF Details

Are you a business entity operating in the Buckeye state? Are you up to speed on the most recent tax information for Ohio? If not, don't worry - we're here to help! Every business owner needs to know about the requirements of filing and paying taxes within their state, and that includes understanding what forms are required. In this blog post, we'll be taking an in-depth look at Ohio Form MF 2 so that you can confidently prepare your business's taxes.

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.

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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)

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Ohio Form Mf 2 conclusion process detailed (stage 3)

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