What is the Indiana Prop 1 form?
The Indiana Prop 1 form, officially known as the Proportional Use Credit Certification Application, is a document required by the Indiana Department of Revenue. This form allows carriers or vehicle owners to apply for a credit based on the proportional use of their vehicle(s) for various eligible purposes. The application includes sections for personal and business identification, vehicle information, and certification by the Department of Revenue.
Who needs to complete the Indiana Prop 1 form?
Carriers operating eligible vehicles that seek to claim a proportional use credit must complete the form. This includes businesses based in Indiana with an Indiana IFTA/Motor Carrier Account, as well as non-Indiana carriers operating within the state. Sole proprietors, partnerships, corporations, and government entities are all potentially required to submit this form depending on their operations.
What is the fee for filing the Indiana Prop 1 form?
There is a $7.00 application fee associated with the Indiana Prop 1 form. This fee must accompany the completed application when it is mailed to the Indiana Department of Revenue, Motor Carrier Services Division.
What information do I need to provide in the form?
Applicants must provide comprehensive detail including legal name, business name (DBA), physical and mailing addresses, contact information, Federal Identification or Social Security Number, information on vehicle operation, and specific vehicle information such as vehicle identification number, type, make, and eligibility code. Non-Indiana based corporations must additionally provide their state of incorporation, date of incorporation, and commercial domicile.
When must the Indiana Prop 1 form be submitted?
To qualify for the proportional use credit for the first calendar year, carriers must submit the form to the Department of Revenue before April 1 of that year. Once certified, the certification remains valid for subsequent years without the need for reapplication.
Where do I send the completed Indiana Prop 1 form and payment?
The completed application, along with all relevant documentation and the $7.00 application fee, should be mailed to Indiana Department of Revenue, Motor Carrier Services Division, P.O. Box 6078, Indianapolis, IN 46241-6078.
How do I list multiple vehicles on the application?
If you have more than five vehicles, you should attach a separate printout that includes the vehicle code, vehicle identification number, power units only, vehicle type (TK or TR), and vehicle make. Ensure to use the designated codes when listing the vehicles as these help streamline the processing of your application.
What happens after I submit the form?
After submission, the Department of Revenue will review your application for completeness and eligibility. If approved, you will be certified to claim the proportional use credit. The department may contact you for additional information or clarification during the review process, so providing accurate contact information is critical.