Instructions For Form 720 - Quarterly Federal Excise Tax Return

Claim requirement. Generally, the claim must be

laws. We may also disclose this information to Federal,

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

state, or local agencies that investigate or respond to

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

acts or threats of terrorism or participate in intelligence or

counterintelligence activities concerning terrorism. If you

Tax

CRN

fail to provide this information in a timely manner, you

may be liable for penalties and interest.

Ozone-depleting chemicals (ODCs)

398

You are not required to provide the information

Truck, trailer, and semitrailer chassis and

383

requested on a form that is subject to the Paperwork

bodies, and tractors

Reduction Act unless the form displays a valid OMB

Passenger vehicles (luxury tax)

392

control number. Books or records relating to a form or its

instructions must be retained as long as their contents

Highway-type tires

366

may become material in the administration of any Internal

Gas guzzler automobiles

340

Revenue law. Generally, tax returns and return

information are confidential, as required by section 6103.

Vaccines

397

The time needed to complete and file these forms and

Sport fishing equipment

341

related schedules will vary depending on individual

circumstances. The estimated average times are:

Electric outboard motors and sonar devices

342

Bows

344

Learning about

Preparing and

Form

Recordkeeping

the law or

sending the

Arrow components

370

the form

form to the IRS

720

24 hr., 2 min.

1 hr., 17 min.

5 hr., 35 min.

Sch. A

1 hr., 54 min.

— —

1 min.

Privacy Act and Paperwork Reduction Act Notice.

Sch. C

23 hr., 55 min.

18 min.

42 min.

We ask for the information on these forms in order to

720X

6 hr., 13 min.

18 min.

24 min.

6197

4 hr., 18 min.

12 min.

16 min.

carry out the Internal Revenue laws of the United States.

6627

5 hr., 1 min.

6 min.

10 min.

We need it to figure and collect the right amount of tax.

Miscellaneous excise taxes are imposed under Subtitle D

If you have comments concerning the accuracy of

of the Internal Revenue Code. These forms are used to

these time estimates or suggestions for making these

determine the amount of tax that you owe. Section 6011

forms and related schedules simpler, we would be happy

requires you to provide the requested information.

to hear from you. You can write to the Tax Forms

Section 6109 requires you to provide your taxpayer

Committee, Western Area Distribution Center, Rancho

identification number (TIN). Routine uses of this

Cordova, CA 95743-0001. Do not send the tax forms to

information include giving it to the Department of Justice

this office. Instead, see Where To File on page 1.

for civil and criminal litigation, and cities, states, and the

District of Columbia for use in administering their tax

-11-

Instructions For Form 720 - Quarterly Federal Excise Tax Return - 2002 Page 11

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