Instructions For Form 720-Cs - Carrier Summary Report
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7Instructions for Form 720-CS
Department of the Treasury
Internal Revenue Service
(Rev. July 2017)
For Use With Form 720-CS (Rev. September 2010)
Carrier Summary Report
Section references are to the Internal Revenue Code unless
otherwise noted.
Internal Revenue Service
Attn: Excise Unit
Future Developments
Stop 5701G
Cincinnati, OH 45999
For the latest information about developments related to Form
720-CS, and its instructions, such as legislation enacted after
Send the forms in a flat mailing (not folded). Don't staple, tear, or
they were published, go to IRS.gov/Form720CS.
tape any of these forms. If you're sending a large number of
Reminders
forms in conveniently sized packages, write your name and EIN
on each package and number the packages consecutively.
These instructions are for paper filers. Electronic filing is
Postal regulations require forms and packages to be sent by
required for each return reporting 25 or more transactions a
First-Class Mail.
month. However, all taxpayers are encouraged to electronically
file. File Form 720-CS electronically through the Excise
How To Complete Form 720-CS
Summary Terminal Activity Reporting System (ExSTARS). For
Below are suggestions that will allow the IRS to process the
more information on e-file and ExSTARS, visit the IRS website at
submitted forms in the most economical manner.
IRS.gov/Excise. Also, see Pub. 3536, Motor Fuel Excise Tax EDI
Guide.
1. If you need additional forms or schedules, you may use
photocopies.
Photographs of Missing Children
2. Although handwritten forms are acceptable, the IRS
The IRS is a proud partner with the
National Center for Missing
prefers that you type or machine print data entries using 10-
& Exploited Children®
(NCMEC). Photographs of missing
pitch (pica) or 12-pitch (elite) black type. Use block print, not
children selected by the Center may appear in instructions on
script characters. Insert data in the middle of the blocks not
pages that would otherwise be blank. You can help bring these
touching other printing and guidelines, and take other measures
children home by looking at the photographs and contacting
to guarantee a dark black, clear, sharp image.
1-800-THE-LOST (1-800-843-5678) or
3. Don’t enter 0 (zero) or “None” in data entry boxes when
home
if you recognize a child.
no entry is required. Leave the boxes blank unless the
instructions specifically require that you enter a 0 (zero).
General Instructions
Substitute Form 720-CS
Purpose of Form
If you want to prepare and use a substitute Form 720-CS, see
Pub. 1167, General Rules and Specifications for Substitute
Use Form 720-CS if you're a bulk transport carrier to report
Forms and Schedules. If your substitute Form 720-CS is
monthly receipts and disbursements of all liquid products at a
approved, the form approval number must be printed in the
storage location designated by a facility control number (FCN).
lower left margin of each substitute form you file with the IRS.
A liquid product is any liquid that is transported in or out of
Extension of Time To File
storage at a terminal or any other facility. See Table 2.
Who Must File
First time request for a 30-day extension will be granted, if
received in writing on or before the due date of the report.
Form 720-CS is required to be filed by bulk transport carriers
Additional extensions may be considered if received prior to the
(barges, ships, and pipelines) who receive or deliver reportable
due date of the return. Send your request to:
liquid products in or out of storage at a terminal, or any other
location designated by an FCN.
Internal Revenue Service
Pipelines only file receipt or delivery transactions at an
Attn: Excise Unit
approved terminal.
Stop 5701G
Cincinnati, OH 45999
When To File
Form 720-CS must be filed monthly. The report is due the last
Requests also may be faxed to 859-669-5788.
day of the month following the month in which the transaction
Corrected Returns
occurs.
If you filed a return with the IRS and later discover you made an
If any due date for filing a return falls on a Saturday, Sunday,
error, you must correct it as soon as possible. If you filed your
or legal holiday, you may file the return on the next business day.
return electronically, see Pub. 3536 for instructions.
Send your information return to the IRS using the U.S. Postal
Service or a designated private delivery service to meet the
When making a correction to a paper filed return, you must
“timely mailing as timely filing/paying” rule. See Private Delivery
send in the first page of Form 720-CS and the schedule(s) that
Services, later.
needs to be corrected with the “Void” box checked. Identify the
transaction you're correcting, either by highlighting or attaching
Where To File
an explanation. Then, complete another first page of Form
Send Form 720-CS to:
720-CS along with the corrected schedule(s) with the
Jul 26, 2017
Cat. No. 54364R
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