Instructions For Form 720 - Quarterly Federal Excise Tax Return

year included in the claim. For example, a calendar year

1. The claim must be for kerosene sold for use in

income taxpayer’s claim for the first quarter is due June 30 if

noncommercial aviation during a period that is at least 1

filed on Form 8849. However, Form 720 must be filed by

week.

April 30.

2. The amount of the claim must be at least $100. To

meet this minimum, amounts from lines 8 and 9 may be

If requirements 1 – 3 above are not met, see Annual

combined.

Claims on page 14.

3. Claims must be filed by the last day of the first quarter

following the earliest quarter of the claimant’s income tax

Registration number. Enter your UB registration number

year included in the claim. For example, a calendar year

in the space provided.

income taxpayer’s claim for the first quarter is due June 30 if

Lines 9a and 9b. Sales By Registered

filed on Form 8849. However, Form 720 must be filed by

April 30.

Ultimate Vendors of Kerosene For Use in

Commercial Aviation (Other Than Foreign

If requirements 1 – 3 above are not met, see Annual

Trade)

Claims on page 14.

Registration number. Enter your UA (UV if type of use 14)

Claimant. The registered ultimate vendor of the kerosene

registration number in the space provided.

sold for use in commercial aviation is eligible to make this

Information to be submitted. For claims on lines 9d and

claim only if the buyer waives his or her right by providing

9e (type of use 14), attach a separate sheet with the name

the registered ultimate vendor with an unexpired waiver.

and TIN of each governmental unit to whom the kerosene

See Model Waiver L in Pub. 510. Only one claim may be

was sold and the number of gallons sold to each.

filed with respect to any gallon of kerosene sold for use in

commercial aviation.

Lines 10 and 11. Sales by Registered

Allowable sales. The kerosene sold for use in commercial

Ultimate Vendors of Gasoline and Aviation

aviation must have been sold during the period of claim for

Gasoline

use in commercial aviation (other than foreign trade).

Claim rate. The second claim rate shown in the Rate

Claimant. The registered ultimate vendor of the gasoline or

column applies after December 14, 2007, only if the current

aviation gasoline is eligible to make a claim on lines 10 and

claim rate (listed first in the Rate column) is not extended.

11 if the buyer waives his or her right to make the claim by

providing the registered ultimate vendor with an unexpired

Claim requirements. The following requirements must be

certificate. See Model Certificate M in Pub. 510. Only one

met.

claim may be filed with respect to any gallon of gasoline or

1. The claim must be for kerosene sold for use in

aviation gasoline.

commercial aviation during a period that is at least 1 week.

Allowable sales. The gasoline or aviation gasoline must

2. The amount of the claim must be at least $100. To

have been sold during the period of claim for:

meet this minimum, amounts from lines 8 and 9 may be

•

Use by a nonprofit educational organization, or

combined.

•

Use by a state or local government (including essential

3. Claims must be filed by the last day of the first quarter

government use by an Indian tribal government).

following the earliest quarter of the claimant’s income tax

year included in the claim. For example, a calendar year

Claim rate. For line 11, the second claim rate shown in the

income taxpayer’s claim for the first quarter is due June 30 if

Rate column applies after December 14, 2007, only if the

filed on Form 8849. However, Form 720 must be filed by

current claim rate (listed first in the Rate column) is not

April 30.

extended.

Claim requirements. The following requirements must be

If requirements 1 – 3 above are not met, see Annual

met.

Claims on page 14.

1. The claim must be for gasoline or aviation gasoline

Registration number. Enter your UA registration number

sold or used during a period that is at least 1 week.

in the space provided.

2. The amount of the claim must be at least $200. To

meet this minimum, amounts from lines 10 and 11 may be

Lines 9c, 9d, and 9e. Sales By Registered

combined.

Ultimate Vendors of Kerosene Sold For Use

3. Claims must be filed by the last day of the first quarter

in Noncommercial Aviation

following the earliest quarter of the claimant’s income tax

year included in the claim. For example, a calendar year

Claimant. For line 9c, the registered ultimate vendor of the

income taxpayer’s claim for January and February is due

kerosene sold for use in nonexempt, noncommercial

June 30 if filed on Form 8849. However, Form 720 must be

aviation is the only person eligible to make this claim and

filed by April 30.

has obtained the required certificate from the ultimate

purchaser. See Model Certificate Q in Pub. 510. For lines 9d

Registration number. Enter your UV registration number

and 9e, the registered ultimate vendor of the kerosene sold

in the space provided.

for nontaxable use in noncommercial aviation is eligible to

Information to be submitted. For claims on lines 10 and

make this claim only if the buyer waives his or her right to

11, attach a separate sheet with the name and TIN of each

make the claim by providing the registered ultimate vendor

nonprofit educational organization or governmental unit to

with an unexpired waiver. See Model Waiver L in Pub. 510.

whom the gasoline or aviation gasoline was sold and the

For type of use 14, see Model Certificate P in Pub. 510.

number of gallons sold to each.

Only one claim may be filed with respect to any gallon of

kerosene sold for use in noncommercial aviation.

Line 12. Alcohol Fuel Mixture Credit

Allowable sales. For line 9c, the kerosene must have

Claimant. The person that produced and sold or used the

been sold for a nonexempt use in noncommercial aviation.

mixture in their trade or business is the only person eligible

For lines 9d and 9e, the kerosene sold for use in

to make this claim. The credit is based on the gallons of

noncommercial aviation must have been sold during the

alcohol in the mixture.

period of claim for type of use 1, 9, 10, 11, 13, 14, 15, or 16.

How to claim the credit. Any alcohol fuel mixture credit

Claim rate. The second claim rate shown in the Rate

must first be taken on Schedule C to reduce your taxable

column applies after December 14, 2007, only if the current

fuel liability reported on Form 720. Any excess credit may be

claim rate (listed first in the Rate column) is not extended.

taken on Schedule C (Form 720), Form 8849, Form 4136, or

Claim requirements. The following requirements must be

Form 6478. See Notice 2005-4 and Notice 2005-62 for more

met.

information.

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Instructions For Form 720 - Quarterly Federal Excise Tax Return - 2007 Page 12

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