Instructions For Form 720 - Quarterly Federal Excise Tax Return - 2007 Page 11
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163. Claims must be filed by the last day of the first quarter
Line number
Claim rate
following the earliest quarter of the claimant’s income tax
6d
.110
year included in the claim. For example, a calendar year
6e
.17
income taxpayer’s claim for the first quarter is due June 30 if
filed on Form 8849. However, Form 720 must be filed by
6f
.17
April 30.
6g
.169
If requirements 1 – 3 above are not met, see Annual
* This is the claim rate per gasoline gallon equivalent (126.67 cubic feet of
Claims on page 14.
CNG).
Registration number. Enter your UB registration number
in the space provided.
Information for Claims on Lines 7–11
Lines 8a and 8b. Sales By Registered
Registration number. To make an ultimate vendor claim
Ultimate Vendors of Undyed Kerosene
on lines 7 – 11, you must be registered. Enter your
(Other Than Kerosene Sold for Use in
registration number, including the prefix, on the applicable
line for your claim. If you are not registered, use Form 637,
Aviation)
Application for Registration (For Certain Excise Tax
Claimant. For line 8a, the registered ultimate vendor of the
Activities), to apply for a registration number.
kerosene is the only person eligible to make this claim and
Required certificates or waivers. The required
has obtained the required certificate from the buyer and has
certificates or waivers for lines 7 – 11 are listed in the line
no reason to believe any information in the certificate is
instructions and are available in Pub. 510.
false. See Model Certificate P in Pub. 510. For line 8b,
Line 7a. Sales By Registered Ultimate
claimant has a statement, if required, that contains the date
of sale, name and address of the buyer, and the number of
Vendors of Undyed Diesel Fuel
gallons of kerosene sold to the buyer. For lines 8a and 8b,
Claimant. For line 7a, the registered ultimate vendor of the
only one claim may be filed with respect to any gallon of
diesel fuel is the only person eligible to make this claim and
kerosene.
has obtained the required certificate from the buyer and has
Allowable sales. The fuel must have been sold during the
no reason to believe any information in the certificate is
period of claim:
•
false. See Model Certificate P in Pub. 510. Only one claim
For line 8a, use by a state or local government (including
may be filed with respect to any gallon of diesel fuel.
essential government use by an Indian tribal government),
Allowable sales. The fuel must have been sold during the
or
•
period of claim for the exclusive use by a state or local
For line 8b, from a blocked pump.
government (including essential government use by an
Claim requirements. The following requirements must be
Indian tribal government).
met.
Claim requirements. The following requirements must be
1. The claim must be for kerosene sold during a period
met.
that is at least 1 week.
1. The claim must be for diesel fuel sold during a period
2. The amount of the claim must be at least $100. To
that is at least 1 week.
meet this minimum, amounts from lines 8 and 9 may be
2. The amount of the claim must be at least $200. To
combined.
meet this minimum requirement, amounts from lines 7, 8,
3. Claims must be filed by the last day of the first quarter
and 9 may be combined.
following the earliest quarter of the claimant’s income tax
3. Claims must be filed by the last day of the first quarter
year included in the claim. For example, a calendar year
following the earliest quarter of the claimant’s income tax
income taxpayer’s claim for the first quarter is due June 30 if
year included in the claim. For example, a calendar year
filed on Form 8849. However, Form 720 must be filed by
income taxpayer’s claim for the first quarter is due June 30 if
April 30.
filed on Form 8849. However, Form 720 must be filed by
If requirements 1 – 3 earlier are not met, see Annual
April 30.
Claims on page 14.
If requirements 1 – 3 above are not met, see Annual
Registration number. Enter your UV or UP registration
Claims on page 14.
number in the space provided.
Registration number. Enter your UV registration number
Information to be submitted. For claims on line 8a, attach
in the space provided.
a separate sheet with the name and TIN of each
Information to be submitted. For claims on line 7a, attach
governmental unit to whom the kerosene was sold and the
a separate sheet with the name and TIN of each
number of gallons sold to each.
governmental unit to whom the diesel fuel was sold and the
Line 8c. Sales by Registered Ultimate
number of gallons sold to each.
Vendors of Undyed Kerosene for Use in
Line 7b. Sales by Registered Ultimate
Certain Intercity and Local Buses
Vendors of Undyed Diesel Fuel for Use in
Claimant. For line 8c, the registered ultimate vendor of the
Certain Intercity and Local Buses
kerosene is eligible to make a claim only if the buyer waives
Claimant. For line 7b, the registered ultimate vendor of the
his or her right to make the claim by providing the registered
diesel fuel is eligible to make a claim only if the buyer
ultimate vendor with an unexpired waiver. See Model
waives his or her right to make the claim by providing the
Waiver N in Pub. 510. Only one claim may be filed with
registered ultimate vendor with an unexpired waiver. See
respect to any gallon of kerosene.
Model Waiver N in Pub. 510. Only one claim may be filed
Claim requirements. The following requirements must be
with respect to any gallon of diesel fuel.
met.
Claim requirements. The following requirements must be
1. The claim must be for kerosene sold during a period
met.
that is at least 1 week.
1. The claim must be for diesel fuel sold during a period
2. The amount of the claim must be at least $100. To
that is at least 1 week.
meet this minimum, amounts from lines 8 and 9 may be
2. The amount of the claim must be at least $200. To
combined.
meet this minimum requirement, amounts from lines 7, 8,
3. Claims must be filed by the last day of the first quarter
and 9 may be combined.
following the earliest quarter of the claimant’s income tax
-11-
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