Instructions For Form 720 - Quarterly Federal Excise Tax Return

Claimant. The registered ultimate vendor of the diesel

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

fuel is the only person eligible to make this claim. Write

must be filed by April 30.

your UV registration number on the entry line for that

number.

Information to be submitted. For claims on lines 7a

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

Allowable sales. The fuel must have been sold during

of each farmer, custom harvester, or governmental unit to

the Period of claim for:

whom the kerosene was sold and the number of gallons

•

Use on a farm for farming purposes or

sold to each.

•

Use by a state or local government (including essential

government use by an Indian tribal government).

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

Claims below.

Claim requirements. The following requirements must

be met:

Line 9. Gasohol Blending

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

Claimant. The person who produced the gasohol is the

period that is at least 1 week.

only person eligible to make this claim.

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

meet this minimum requirement, amounts from line 6 and

Allowable use. Gasoline that was taxed at the full rate

line 7 may be combined.

must have been used to produce gasohol during the

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

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

quarter following the earliest quarter of the claimant’s

business.

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

Claim requirements. The following requirements must

calendar year income taxpayer’s claim for the first quarter

be met:

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

must be filed by April 30.

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

a period that is at least 1 week.

Information to be submitted. For claims on line 6,

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

attach a separate sheet with the name and TIN of each

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

farmer, custom harvester, or governmental unit to whom

quarter following the earliest quarter of the claimant’s

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

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

each.

calendar year income taxpayer’s claim for January and

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

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

Form 720 must be filed by April 30.

Claims below.

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

Line 7. Sales By Registered Ultimate

Claims.

Vendors of Undyed Kerosene

Annual Claims

To make an ultimate vendor claim on line 7, you

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

are required to have a UV registration number (or

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

UP registration number, in the case of sales from

made on Form 4136 for the income tax year during which

CAUTION

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

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

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

registered ultimate vendor, or used to produce gasohol.

637, Application for Registration (For Certain Excise Tax

See Form 4136 for more information.

Activities), to apply for one.

Line 10. Gasoline

Claimant. The registered ultimate vendor of the

kerosene is the only person eligible to make this claim.

Claimant. The person who paid the tax to the

Write your UV registration number on the entry line for

government is the only person eligible to make this claim.

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

Allowable sales. The fuel must have been sold for type

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

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

on the entry line.

Claim requirement. Generally, the claim must be filed

Allowable sales. The fuel must have been sold during

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

the Period of claim:

•

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

For use on a farm for farming purposes,

•

For use by a state or local government (including

Line 11. Other Claims

essential government use by an Indian tribal

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

government), or

•

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

From a blocked pump.

allowable claims relating to these taxes. If you need

Claim requirements. The following requirements must

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

be met:

the following information for each claim.

•

1. The claim must be for kerosene sold during a

A detailed description of the claim.

period that is at least 1 week.

•

Any additional information required by the regulations.

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

•

The amount of the claim.

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

•

How you figured the claim amount.

quarter following the earliest quarter of the claimant’s

•

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

Any other information you believe will support the

calendar year income taxpayer’s claim for the first quarter

claim.

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Instructions For Form 720 - Quarterly Federal Excise Tax Return - 2003 Page 10

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