Form 720

(Rev. April 2020)

Department of the Treasury 

Internal Revenue Service 

Quarterly Federal Excise Tax Return

▶ See the Instructions for Form 720.

▶ Go to www.irs.gov/Form720 for instructions and the latest information.

OMB No. 1545-0023

Check here if: 

Final return 

Address change 

Name Quarter ending 

Number, street, and room or suite no. 

(If you have a P.O. box, see the instructions.) 

City or town, state or province, country, and ZIP or foreign postal code

Employer identification number 

FOR IRS USE ONLY 

T 

FF 

FD 

FP 

I 

T 

Part I 

IRS No. Environmental Taxes (attach Form 6627) Tax IRS No. 

18 Domestic petroleum oil spill tax 18

21 Imported petroleum products oil spill tax 21

98 Ozone-depleting chemicals (ODCs) 98 

19 ODC tax on imported products 19 

 Communications and Air Transportation Taxes (see instructions) Tax 

22 Local telephone service and teletypewriter exchange service 22 

26 Transportation of persons by air* 26 

28 Transportation of property by air* 28 

27 Use of international air travel facilities* 27 

 Fuel Taxes Number of gallons Rate Tax 

 (a) Diesel, tax on removal at terminal rack $.244

60 (b) Diesel, tax on taxable events other than removal at terminal rack .244 60 

 

(c) Diesel, tax on sale or removal of biodiesel mixture 

(not at terminal rack) .244

104 Diesel-water fuel emulsion .198 104 

105 Dyed diesel, LUST tax .001 105 

107 Dyed kerosene, LUST tax .001 107 

119 LUST tax, other exempt removals (see instructions) .001 119 

35 (a) Kerosene, tax on removal at terminal rack (see instructions) .244

 (b) Kerosene, tax on taxable events other than removal at terminal rack .244 35 

69 Kerosene for use in aviation (see instructions) .219 69 

77 Kerosene for use in commercial aviation (other than foreign trade)** .044 77 

111 Kerosene for use in aviation, LUST tax on nontaxable uses .001 111 

79 Other fuels (see instructions) 79 

62 (a) Gasoline, tax on removal at terminal rack .184

 (b) Gasoline, tax on taxable events other than removal at terminal rack .184 62 

13 Any liquid fuel used in a fractional ownership program aircraft .141 13

14 Aviation gasoline .194 14 

112 Liquefied petroleum gas (LPG) (see instructions) .183 112 

118 “P Series” fuels .184 118 

120 Compressed natural gas (CNG) (see instructions) .183 120 

121 Liquefied hydrogen .184 121 

122 Fischer-Tropsch process liquid fuel from coal (including peat) .244 122 

123 Liquid fuel derived from biomass .244 123 

124 Liquefied natural gas (LNG) (see instructions) .243 124 

* No tax on amounts paid for transportation from March 28, 2020, through December 31, 2020. See instructions.

** Tax is $.001 per gallon on removals from March 28, 2020, through December 31, 2020. See instructions.

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For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions. Cat. No. 10175Y Form 720 (Rev. 4-2020)
Form 720 (Rev. 4-2020) Page 2 

IRS No. Rate Tax IRS No. 

33 Retail Tax—Truck, trailer, and semitrailer chassis and bodies, and tractor 12% of sales price 33

 Ship Passenger Tax Number of persons Rate Tax 

29 Transportation by water $3 per person 29 

 Other Excise Tax Amount of obligations Rate Tax 

31 Obligations not in registered form $.01 31 

 Foreign Insurance Taxes—Policies issued by foreign insurers Premiums paid Rate Tax IRS No. 

 Casualty insurance and indemnity bonds $.04

30 Life insurance, sickness and accident policies, and annuity 

contracts .01 30 

 Reinsurance .01

} Manufacturers Taxes Number of tons Sales price 

36 Coal—Underground mined $1.10 per ton 36 

37 4.4% of sales price 37 

38 Coal—Surface mined $.55 per ton 38

39 4.4% of sales price 39 

 Number of tires Tax IRS No. 

108 Taxable tires other than bias ply or super single tires 108 

109 Taxable bias ply or super single tires (other than super single tires designed for steering) 109 

113 Taxable tires, super single tires designed for steering 113 

40 Gas guzzler tax. Attach Form 6197. Check if one-time filing . . . . . . . . . . . . 40 

97 Vaccines (see instructions) 97 

Reserved for future use

Sales price

2.3% of sales price

1 Total. Add all amounts in Part I. Complete Schedule A unless one-time filing ▶ $ 

Part II 

}

IRS No. 

Patient-Centered Outcomes Research Fee (see 

instructions)

(a) Avg. number 

of lives covered 

(see inst.)

(b) Rate for 

avg. 

covered life

(c) Fee (see

instructions) Tax IRS No. 

Specified health insurance policies

(a) With a policy year ending before October 1, 2019 $2.45

(b) With a policy year ending on or after October 1, 

2019, and before October 1, 2020 $2.54

133 Applicable self-insured health plans 133

(c) With a plan year ending before October 1, 2019 $2.45

(d) With a plan year ending on or after October 1, 

2019, and before October 1, 2020 $2.54

 Rate Tax 

41 Sport fishing equipment (other than fishing rods and fishing poles) 10% of sales price 41

110 Fishing rods and fishing poles (limits apply, see instructions) 10% of sales price 110 

42 Electric outboard motors 3% of sales price 42 

114 Fishing tackle boxes 3% of sales price 114 

44 Bows, quivers, broadheads, and points 11% of sales price 44 

106 Arrow shafts $.52 per shaft 106 

140 Indoor tanning services 10% of amount paid 140

 Number of gallons Rate Tax 

64 Inland waterways fuel use tax $.29 64 

125 LUST tax on inland waterways fuel use (see instructions) .001 125 

51 Section 40 fuels (see instructions) 51 

117 Biodiesel sold as but not used as fuel 117 

20 Floor Stocks Tax—Ozone-depleting chemicals (floor stocks). Attach Form 6627. 20 

2 Total. Add all amounts in Part II ▶ $ 

Form 720 (Rev. 4-2020)
Form 720 (Rev. 4-2020) Page 3 

Part III 

3 Total tax. Add Part I, line 1, and Part II, line 2 . . . . . . . . . . . . . . . . . ▶ 3 

4 Claims (see instructions; complete Schedule C) . . . . . . . ▶ 4 

5 Deposits made for the quarter . . . . ▶ 5 

Check here if you used the safe harbor rule to make your deposits. 

6 Overpayment from previous quarters . . ▶ 6 

7 Enter the amount from Form 720-X included 

on line 6, if any . . . . . . . . . ▶ 7 

8 Add lines 5 and 6 . . . . . . . . . . . . . . . . . ▶ 8 

9 Add lines 4 and 8 . . . . . . . . . . . . . . . . . . . . . . . . . . ▶ 9 

10 Balance Due. If line 3 is greater than line 9, enter the difference. Pay the full amount with the return (see instructions) ▶ 10 

11 Overpayment. If line 9 is greater than line 3, enter the difference. Check if you want the 

overpayment: Applied to your next return, or Refunded to you. 11 

Third Party 

Designee 

Do you want to allow another person to discuss this return with the IRS (see instructions)? Yes. Complete the following. No 

Designee name ▶ Phone no. ▶ Personal identification number (PIN) ▶

Sign 

Here 

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and 

belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. 

▲

Signature 

Type or print name below signature. ▶ 

Date 

▲

Title 

Telephone number ▶

Paid 

Preparer 

Use Only

Print/Type preparer’s name Preparer’s signature Date Check if 

self-employed

PTIN

Firm’s name ▶

Firm’s address ▶

Firm’s EIN ▶

Phone no.

Form 720 (Rev. 4-2020)
Form 720 (Rev. 4-2020) Page 4 

Schedule A Excise Tax Liability (see instructions) 

Note: You must complete Schedule A if you have a liability for any tax in Part I of Form 720. Don’t complete Schedule A for 

Part II taxes or for a one-time filing of the gas guzzler tax. 

1 Regular method taxes 

(a) Record of Net 

Tax Liability 

Period 

 1st–15th day 16th–last day 

First month A B 

Second month C D 

Third month E F 

Special rule for September* . . . . . . . . . ▶ G 

(b) Net liability for regular method taxes. Add the amounts for each semimonthly period. 

2 Alternative method taxes (IRS Nos. 22, 26, 28, and 27) 

(a) Record of Taxes 

Considered as 

Collected

Period 

1st–15th day 16th–last day 

First month M N

Second month O P

Third month Q R

Special rule for September* . . . . . . . . . ▶ S

(b) Alternative method taxes. Add the amounts for each semimonthly period.

*Complete only as instructed (see instructions). 

Schedule T Two-Party Exchange Information Reporting (see instructions) 

Fuel Number of gallons 

Diesel fuel, gallons received in a two-party exchange within a terminal, included 

on Form 720, IRS No. 60(a) 

Diesel fuel, gallons delivered in a two-party exchange within a terminal 

Kerosene, gallons received in a two-party exchange within a terminal, included 

on Form 720, IRS No. 35(a), 69, 77, or 111 

Kerosene, gallons delivered in a two-party exchange within a terminal 

Gasoline, gallons received in a two-party exchange within a terminal, included 

on Form 720, IRS No. 62(a) 

Gasoline, gallons delivered in a two-party exchange within a terminal 

Aviation gasoline, gallons received in a two-party exchange within a terminal, included 

on Form 720, IRS No. 14 

Aviation gasoline, gallons delivered in a two-party exchange within a terminal 

Form 720 (Rev. 4-2020) 
Form 720 (Rev. 4-2020) Page 5 

Schedule C Claims Month your income tax year ends ▶

• Complete Schedule C for claims only if you are reporting liability in Part I or II of Form 720. 

• See instructions for kerosene used in commercial aviation from March 28, 2020, through December 31, 2020.

• Attach a statement explaining each claim as required. Include your name and EIN on the statement (see instructions). 

Caution: Claimant has the name and address of the person(s) who sold the fuel to the claimant, the dates of purchase, and if 

exported, the required proof of export. For claims on lines 1a and 2b (type of use 13 and 14), 3c, 4b, and 5, claimant hasn’t waived 

the right to make the claim. 

1 Nontaxable Use of Gasoline Note: CRN is credit reference number. Period of claim ▶

Type of use Rate Gallons Amount of claim CRN 

a Gasoline (see Caution above line 1) $.183 $ 362

b Exported (see Caution above line 1) .184 411

2 Nontaxable Use of Aviation Gasoline Period of claim ▶

Type of use Rate Gallons Amount of claim CRN 

a Used in commercial aviation (other than foreign trade) $.15 $ 354

b Other nontaxable use (see Caution above line 1) .193 324

c Exported (see Caution above line 1) .194 412

d LUST tax on aviation fuels used in foreign trade .001 433

3 Nontaxable Use of Undyed Diesel Fuel Period of claim ▶

Claimant certifies that the diesel fuel did not contain visible evidence of dye. 

Exception. If any of the diesel fuel included in this claim did contain visible evidence of dye, attach a detailed 

explanation and check here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ▶

Type of use Rate Gallons Amount of claim CRN 

a Nontaxable use $.243 $ 360

b Use in trains .243 353

c Use in certain intercity and local buses (see Caution above line 1) .17 350

d Use on a farm for farming purposes .243 360

e Exported (see Caution above line 1) .244 413

4 Nontaxable Use of Undyed Kerosene (Other Than Kerosene Used in Aviation) Period of claim ▶

Claimant certifies that the kerosene did not contain visible evidence of dye. 

Exception. If any of the kerosene included in this claim did contain visible evidence of dye, attach a detailed 

explanation and check here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ▶

Caution: Claims cannot be made on line 4 for kerosene sales from a blocked pump. Type of use Rate Gallons Amount of claim CRN 

a Nontaxable use $.243 $ 346

b Use in certain intercity and local buses (see Caution above line 1) .17 347

c Use on a farm for farming purposes .243 346

d Exported (see Caution above line 1) .244 414

e Nontaxable use taxed at $.044 .043 377

f Nontaxable use taxed at $.219 .218 369

5 Kerosene Used in Aviation (see Caution above line 1) Period of claim ▶

Type of use Rate Gallons Amount of claim CRN 

a Kerosene used in commercial aviation (other than foreign 

trade) taxed at $.244 $.200 $ 417

b Kerosene used in commercial aviation (other than foreign 

trade) taxed at $.219 .175 355

c Nontaxable use (other than use by state or local 

government) taxed at $.244 .243 346

d Nontaxable use (other than use by state or local 

government) taxed at $.219 .218 369

e LUST tax on aviation fuels used in foreign trade .001 433

Form 720 (Rev. 4-2020)
Form 720 (Rev. 4-2020) Page 6 

6 Nontaxable Use of Alternative Fuel 

Caution: There is a reduced credit rate for use in certain intercity and local buses (type of use 5) (see instructions).

Type of use Rate 

Gallons, or gasoline 

or diesel gallon 

equivalents

Amount of claim CRN 

a Liquefied petroleum gas (LPG) (see instructions) $.183 $ 419

b “P Series” fuels .183 420

c Compressed natural gas (CNG) (see instructions) .183 421

d Liquefied hydrogen .183 422

e Fischer-Tropsch process liquid fuel from coal (including peat) .243 423

f Liquid fuel derived from biomass .243 424

g Liquefied natural gas (LNG) (see instructions) .243 425

h Liquefied gas derived from biomass .183 435

7 Sales by Registered Ultimate Vendors of Undyed Diesel Fuel Period of claim ▶

Registration number ▶

Claimant certifies that it sold the diesel fuel at a tax-excluded price, repaid the amount of tax to the buyer, or has obtained 

written consent of the buyer to make the claim. Claimant certifies that the diesel fuel didn’t contain visible evidence of dye. 

Exception. If any of the diesel fuel included in this claim did contain visible evidence of dye, attach a detailed 

explanation and check here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ▶

Rate Gallons Amount of claim CRN 

a Use by a state or local government $.243 $ 360

b Use in certain intercity and local buses .17 350

8 Sales by Registered Ultimate Vendors of Undyed Kerosene 

(Other Than Kerosene For Use in Aviation) 

Period of claim ▶

 Registration number ▶

Claimant certifies that it sold the kerosene at a tax-excluded price, repaid the amount of tax to the buyer, or has obtained the 

written consent of the buyer to make the claim. Claimant certifies that the kerosene didn’t contain visible evidence of dye. 

Exception. If any of the kerosene included in this claim did contain visible evidence of dye, attach a detailed 

explanation and check here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ▶

346

Rate Gallons Amount of claim CRN 

a Use by a state or local government $.243 $ 

b Sales from a blocked pump .243

c Use in certain intercity and local buses .17 347

9 Sales by Registered Ultimate Vendors of Kerosene For Use in Aviation Registration number ▶

• See Caution above line 1.

• Claimant sold the kerosene for use in aviation at a tax-excluded price and hasn’t collected the amount of tax from the buyer, 

repaid the amount of tax to the buyer, or has obtained written consent of the buyer to make the claim. See the instructions for 

additional information to be submitted. 

Type of use Rate Gallons Amount of claim CRN 

a Use in commercial aviation (other than foreign trade) taxed at $.219 $.175 $ 355

b Use in commercial aviation (other than foreign trade) taxed at $.244 .200 417

c Nonexempt use in noncommercial aviation .025 418

d Other nontaxable uses taxed at $.244 .243 346

e Other nontaxable uses taxed at $.219 .218 369

f LUST tax on aviation fuels used in foreign trade .001 433

10 Sales by Registered Ultimate Vendors of Gasoline Registration number ▶

Claimant sold the gasoline at a tax-excluded price and hasn’t collected the amount of tax from the buyer, repaid the amount of 

tax to the buyer, or has obtained written consent of the buyer to take the claim; and obtained an unexpired certificate from the 

buyer and has no reason to believe any information in the certificate is false. See the instructions for additional information to 

be submitted. 

Rate Gallons Amount of claim CRN 

a Use by a nonprofit educational organization $.183 $ 

b Use by a state or local government .183

362

Form 720 (Rev. 4-2020)
Form 720 (Rev. 4-2020) Page 7 

11 Sales by Registered Ultimate Vendors of Aviation Gasoline Registration number ▶

Claimant sold the aviation gasoline at a tax-excluded price and hasn’t collected the amount of tax from the buyer, repaid the amount 

of tax to the buyer, or has obtained written consent of the buyer to take the claim; and obtained an unexpired certificate from the buyer 

and has no reason to believe any information in the certificate is false. See the instructions for additional information to be submitted. 

Rate Gallons Amount of claim CRN 

a Use by a nonprofit educational organization $.193 $ 

b Use by a state or local government .193

324

12 Biodiesel or Renewable Diesel Mixture Credit Period of claim ▶ Registration number ▶

Biodiesel mixtures. Claimant produced a mixture by mixing biodiesel with diesel fuel. The biodiesel used to produce the 

mixture met ASTM D6751 and met EPA’s registration requirements for fuels and fuel additives. The mixture was sold by the 

claimant to any person for use as a fuel or was used as a fuel by the claimant. Claimant has attached the Certificate for 

Biodiesel and, if applicable, the Statement of Biodiesel Reseller. Renewable diesel mixtures. Claimant produced a mixture by 

mixing renewable diesel with liquid fuel (other than renewable diesel). The renewable diesel used to produce the renewable 

diesel mixture was derived from biomass, met EPA’s registration requirements for fuels and fuel additives, and met ASTM 

D975, D396, or other equivalent standard approved by the IRS. The mixture was sold by the claimant to any person for use as 

a fuel or was used as a fuel by the claimant. Claimant has attached the Certificate for Biodiesel and, if applicable, Statement of 

Biodiesel Reseller, both of which have been edited as discussed in the instructions for line 12. See the instructions for line 12 

for information about renewable diesel used in aviation.

Rate Gal. of biodiesel or 

renewable diesel Amount of claim CRN 

a Biodiesel (other than agri-biodiesel) mixtures $1.00 $ 388

b Agri-biodiesel mixtures 1.00 390

c Renewable diesel mixtures 1.00 307

13 Alternative Fuel Credit and Alternative Fuel Mixture Credit Registration number ▶

For the alternative fuel mixture credit, claimant produced a mixture by mixing taxable fuel with alternative fuel. Claimant certifies that 

it (a) produced the alternative fuel, or (b) has in its possession the name, address, and EIN of the person(s) that sold the alternative 

fuel to the claimant; the date of purchase; and an invoice or other documentation identifying the amount of the alternative fuel. The 

claimant also certifies that it made no other claim for the amount of the alternative fuel, or has repaid the amount to the government. 

The alternative fuel mixture was sold by the claimant to any person for use as a fuel or was used as a fuel by the claimant.

Rate 

Gallons, or 

gasoline or diesel 

gallon equivalents 

(see instructions) 

Amount of claim CRN 

a Liquefied petroleum gas (LPG)* $.50 $ 426

b “P Series” fuels .50 427

c Compressed natural gas (CNG)* .50 428

d Liquefied hydrogen .50 429

e Fischer-Tropsch process liquid fuel from coal (including peat) .50 430

f Liquid fuel derived from biomass .50 431

g Liquefied natural gas (LNG)* .50 432

h Liquefied gas derived from biomass* .50 436

i Compressed gas derived from biomass* .50 437

* You can’t claim the alternative fuel mixture credit for this fuel.

14 Other claims. See the instructions. For lines 14b and 14c, see the Caution above line 1 on page 5. Amount of claim CRN 

a Section 4051(d) tire credit (tax on vehicle reported on IRS No. 33) $ 366

b Exported dyed diesel fuel and exported gasoline blendstocks taxed at $.001 415

c Exported dyed kerosene 416

d Diesel-water fuel emulsion 

e Registered credit card issuers 

 Number of tires Amount of claim CRN 

f Taxable tires other than bias ply or super single tires $ 396

g Taxable tires, bias ply or super single tires (other than super single tires designed for steering) 304

h Taxable tires, super single tires designed for steering 305

i

j

k

15 Total claims. Add amounts on lines 1 through 14. Enter the result here and on Form 720, Part III, line 4. 15 

Form 720 (Rev. 4-2020) 
Form 720-V, 

Payment Voucher

Purpose of Form

Complete Form 720-V if you’re making a payment by 

check or money order with Form 720, Quarterly 

Federal Excise Tax Return. We will use the completed 

voucher to credit your payment more promptly and 

accurately, and to improve our service to you.

If you have your return prepared by a third party and a 

payment is required, provide this payment voucher to 

the return preparer.

Don’t file Form 720-V if you’re paying the balance 

due on line 10 of Form 720 using EFTPS.

Specific Instructions

Box 1. If you don’t have an EIN, you may apply for 

one online by visiting www.irs.gov/EIN. You may also 

apply for an EIN by faxing or mailing Form SS-4, 

Application for Employer Identification Number, to the 

IRS. However, if you’re making a one-time filing, enter 

your social security number.

Box 2. Enter the amount paid from line 10 of Form 720.

Box 3. Darken the circle identifying the quarter for which 

the payment is made. Darken only one circle.

Box 4. Enter your name and address as shown on 

Form 720.

• Enclose your check or money order made payable to 

“United States Treasury.” Be sure to enter your 

EIN (SSN for one-time filing), “Form 720,” and the tax 

period on your check or money order. Don’t send cash. 

Don’t staple this voucher or your payment to the return 

(or to each other).

• Detach the completed voucher and send it with your 

payment and Form 720. See Where To File in the 

Instructions for Form 720.

▼ Detach here and mail with your payment and Form 720. ▼ 

Form 720-V (2020) 

Form

720-V

Department of the Treasury 

Internal Revenue Service

Payment Voucher OMB No. 1545-0023

2020

1 Enter your employer identification 

number (EIN). See instructions.

2

Enter the amount of your payment. ▶

Make your check or money order payable to “United States Treasury.” 

Dollars Cents

3 Tax Period

1st 

Quarter

2nd 

Quarter

3rd 

Quarter

4th 

Quarter

4 Enter your business name (individual name if sole proprietor).

Enter your address.

City or town, state or province, country, and ZIP or foreign postal code

▶ Don’t staple or attach this voucher to your payment.