Why do I pay fuel tax at the pump and also pay on the KY (KIT) Quarterly return?
Kentucky charges a surtax in addition to the fuel tax that is paid at the pump. Some other states such as Indiana and Virginia also charge a similar surtax. In Kentucky, the fuel tax rate for special fuel and diesel is 15.3 cents per gallon and surtax is 6.9 cents per gallon. The fuel tax for gasoline is 18.3 per gallon and surtax is 3.0. This allows vehicles that are licensed at 26,000 lbs. or less, that are not required to file a fuel tax report, to only pay the 15.3 or 18.3 cent fuel tax at the time of purchase. Larger vehicles that file a quarterly tax report pay the additional 6.9 or 3.0 surtax along with the fuel tax on gallons consumed when the return is filed. This creates a two tiered tax rate which taxes larger vehicles at a slightly higher rate.
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- Why do I pay fuel tax at the pump and also pay on the KY (KIT) Quarterly return?
