Instructions For Form 720 - Quarterly Federal Excise Tax Return

Claim requirements. The following requirements must

of each farmer, custom harvester, or governmental unit to

be met:

whom the kerosene was sold and the number of gallons

sold to each.

1. The claim must be for diesel fuel sold during a

period that is at least 1 week.

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

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

Claims below.

meet this minimum requirement, amounts from line 6 and

line 7 may be combined.

Line 9. Gasohol Blending

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

quarter following the earliest quarter of the claimant’s

Claimant. The person who produced the gasohol is the

income tax year included in the claim. For example, a

only person eligible to make this claim.

calendar year income taxpayer’s claim for the first quarter

is due June 30 if filed on Form 8849. However, Form 720

Allowable use. Gasoline that was taxed at the full rate

must be filed by April 30.

must have been used to produce gasohol during the

Period of claim for sale or use in the blender’s trade or

business.

Information to be submitted. For claims on line 6,

attach a separate sheet with the name and TIN of each

farmer, custom harvester, or governmental unit to whom

Claim requirements. The following requirements must

the diesel fuel was sold and the number of gallons sold to

be met:

each.

1. The claim must be for gasohol sold or used during

a period that is at least 1 week.

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

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

Claims below.

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

quarter following the earliest quarter of the claimant’s

Line 7. Sales By Registered Ultimate

income tax year included in the claim. For example, a

calendar year income taxpayer’s claim for January and

Vendors of Undyed Kerosene

February is due June 30 if filed on Form 8849. However,

To make an ultimate vendor claim on line 7, you

Form 720 must be filed by April 30.

are required to have a UV registration number (or

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

UP registration number, in the case of sales from

CAUTION

Claims.

a blocked pump). If you do not have a registration

number, you cannot make a claim at this time. Use Form

637, Application for Registration (For Certain Excise Tax

Annual Claims

Activities), to apply for one.

If a claim on lines 1-9 was not made for any gallons, an

annual claim may be made. Generally, an annual claim is

Claimant. The registered ultimate vendor of the

made on Form 4136 for the income tax year during which

kerosene is the only person eligible to make this claim.

the fuel was used by the ultimate purchaser, sold by the

Write your UV registration number on the entry line for

registered ultimate vendor, or used to produce gasohol.

that number if you are making a claim on line 7a or 7b.

See Form 4136 for more information.

For a claim on line 7c, write your UP registration number

on the entry line.

Line 10. Gasoline

Allowable sales. The fuel must have been sold during

Claimant. The person who paid the tax to the

the Period of claim:

government is the only person eligible to make this claim.

•

For use on a farm for farming purposes,

•

Allowable sales. The fuel must have been sold for type

For use by a state or local government (including

of use 3, 4, 9, 13, 14, 16, or 17.

essential government use by an Indian tribal

government), or

•

Claim requirement. Generally, the claim must be filed

From a blocked pump.

within 3 years from the time the return was filed or 2

years from the time the tax was paid, whichever is later.

Claim requirements. The following requirements must

be met:

Line 11. Other Claims

1. The claim must be for kerosene sold during a

period that is at least 1 week.

Use lines 11b-11h for claims relating to taxes listed in the

table on page 11. See Pub. 510 for information on

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

allowable claims relating to these taxes. If you need

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

additional space, attach other sheet(s). You must include

quarter following the earliest quarter of the claimant’s

the following information for each claim.

income tax year included in the claim. For example, a

•

A detailed description of the claim.

calendar year income taxpayer’s claim for the first quarter

•

is due June 30 if filed on Form 8849. However, Form 720

Any additional information required by the regulations.

•

must be filed by April 30.

The amount of the claim.

•

How you figured the claim amount.

•

Information to be submitted. For claims on lines 7a

Any other information you believe will support the

and 7b, attach a separate sheet with the name and TIN

claim.

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Instructions For Form 720 - Quarterly Federal Excise Tax Return - 2002 Page 10

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