Instructions For Form 720 - Quarterly Federal Excise Tax Return - 2006 Page 12
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16calendar year income taxpayer’s claim for the first quarter
2. The amount of the claim must be at least $100. To
is due June 30 if filed on Form 8849. However, Form 720
meet this minimum, amounts from lines 7 and 8 may be
must be filed by April 30.
combined.
3. Claims must be filed by the last day of the first
If requirements 1-3 above are not met, see Annual
quarter following the earliest quarter of the claimant’s
income tax year included in the claim. For example, a
Claims on page 13.
calendar year income taxpayer’s claim for the first quarter
Lines 7a and 7b. Sales By Registered
is due June 30 if filed on Form 8849. However, Form 720
Ultimate Vendors of Undyed Kerosene
must be filed by April 30.
(Other Than Kerosene Sold for Use in
If requirements 1-3 above are not met, see Annual
Aviation)
Claims on page 13.
Line 8a and 8b. Sales By Registered
Line 7 cannot be used to make a claim for
!
kerosene sold for use on a farm for farming
Ultimate Vendors of Kerosene For Use in
purposes. Only ultimate purchasers may make
CAUTION
Commercial Aviation (Other Than Foreign
these claims. See the instructions for line 4 on page 11.
Trade)
Claimant. For line 7a, the registered ultimate vendor of
Claimant. The registered ultimate vendor of the
the kerosene is the only person eligible to make this
kerosene sold for use in commercial aviation is eligible to
claim and has obtained the required certificate from the
make this claim only if the buyer waives his or her right
buyer and has no reason to believe any information in the
by providing the registered ultimate vendor with an
certificate is false. For line 7b, claimant has a statement,
unexpired waiver. Only one claim may be filed with
if required, that contains: the date of sale, name and
respect to any gallon of kerosene sold for use in
address of the buyer, and the number of gallons of
commercial aviation.
kerosene sold to the buyer. Only one claim may be filed
with respect to any gallon of kerosene.
Allowable sales. The kerosene sold for use in
commercial aviation must have been sold during the
Allowable sales. The fuel must have been sold during
Period of claim for use in commercial aviation (other than
the Period of claim:
•
foreign trade).
For line 7a, use by a state or local government
(including essential government use by an Indian tribal
Claim requirements. The following requirements must
government), or
be met:
•
For line 7b, from a blocked pump.
1. The claim must be for kerosene sold for use in
commercial aviation during a period that is at least 1
Claim requirements. The following requirements must
week.
be met:
2. The amount of the claim must be at least $100. To
1. The claim must be for kerosene sold during a
meet this minimum, amounts from lines 7 and 8 may be
period that is at least 1 week.
combined.
2. The amount of the claim must be at least $100. To
3. Claims must be filed by the last day of the first
meet this minimum, amounts from lines 7 and 8 may be
quarter following the earliest quarter of the claimant’s
combined.
income tax year included in the claim. For example, a
3. Claims must be filed by the last day of the first
calendar year income taxpayer’s claim for the first quarter
quarter following the earliest quarter of the claimant’s
is due June 30 if filed on Form 8849. However, Form 720
income tax year included in the claim. For example, a
must be filed by April 30.
calendar year income taxpayer’s claim for the first quarter
is due June 30 if filed on Form 8849. However, Form 720
If requirements 1-3 above are not met, see Annual
must be filed by April 30.
Claims on page 13.
If requirements 1-3 above are not met, see Annual
Line 8c, 8d, and 8e. Sales By Registered
Claims on page 13.
Ultimate Vendors of Kerosene Sold For Use
Information to be submitted. For claims on line 7a,
in Noncommercial Aviation
attach a separate sheet with the name and TIN of each
Claimant. The registered ultimate vendor of the
governmental unit to whom the kerosene was sold and
kerosene sold for use in noncommercial aviation is the
the number of gallons sold to each.
only person eligible to make this claim and has obtained
the required certificate from the ultimate purchaser. For
Line 7c. Sales by Registered Ultimate
type of use 1, 9, 10, 13, 15, or 16, see Notice 2005-80 for
Vendors of Undyed Kerosene for Use in
a model certificate. For type of use 14, see Model
Certain Intercity and Local Buses
Certificate P in Pub. 510.
Claimant. For line 7c, the registered ultimate vendor of
Allowable sales. For line 8c, the kerosene must have
the kerosene is eligible to make a claim only if the buyer
been sold for a nonexempt use in noncommercial
waives his or her right to make the claim by providing the
aviation. For lines 8d and 8e, the kerosene sold for use in
registered ultimate vendor with an unexpired waiver. Only
noncommercial aviation must have been sold during the
one claim may be filed with respect to any gallon of
period of claim for type of use 1, 9, 10, 13, 14, 15, or 16.
kerosene.
Claim requirements. The following requirements must
Claim requirements. The following requirements must
be met:
be met:
1. The claim must be for kerosene sold for use in
1. The claim must be for kerosene sold during a
noncommercial aviation during a period that is at least 1
period that is at least 1 week.
week.
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