Form 720

Form 720(Rev. June 2026)Department of the TreasuryInternal 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.
Type a question
Rows FOR IRS USE ONLY
T
FF
FD
FP
I
T
Check here if:
Name
First NameLast Name
Quarter ending
Address
Street Address
Street Address Line 2
CityState / Province
Postal / Zip Code
Employer identification number
Untitled Matrix
Rows
Part I

Rows	FOR IRS USE ONLY
T
FF
FD
FP
I
T

Part I

Rows	Number of gallons	Tax
60 (a) Diesel, tax on removal at terminal rack rate 0.244
(b) Diesel, tax on taxable events other than removal at terminal rac rate .244
(c) Diesel, tax on sale or removal of biodiesel mixture (not at terminal rack) rate .244
104 Diesel-water fuel emulsion rate .298
105 Dyed diesel, LUST ta rate .001
107 Dyed kerosene, LUST tax rate .001
119 LUST tax, other exempt removals (see instructions) rate .001
35 (a) Kerosene, tax on removal at terminal rack (see instructions) rate .244
35 (b) Kerosene, tax on taxable events other than removal at terminal rack rate .244
69 Kerosene for use in aviation (see instructions) rate .219
77 Kerosene for use in commercial aviation (other than foreign trade) rate .044
111 Kerosene for use in aviation, LUST tax on nontaxable uses rate .001
79 Other fuels (see instructions)
62 (a) Gasoline, tax on removal at terminal rack rate .184
62 (b) Gasoline, tax on taxable events other than removal at terminal rack rate .184
13 Any liquid fuel used in a fractional ownership program aircraft (see instructions) rate .141
14 Aviation gasoline* rate .194
112 Liquefied petroleum gas (LPG) (see instructions) rate .183
118 “P Series” fuels rate .184
120 Compressed natural gas (CNG) (see instructions ) rate .183
121 Liquefied hydrogen rate .184
122 Fischer-Tropsch process liquid fuel from coal (including peat) rate .244
123 Liquid fuel derived from biomass rate .244
124 Liquefied natural gas (LNG) (see instructions) rate .243

Part I

Rows	Tax
53 Domestic petroleum superfund tax
Reserved for future use
16 Imported petroleum products superfund tax
Reserved for future use
54 Chemicals (other than ODCs)
17 Imported chemical substances
98 ODCs
19 ODC tax on imported products
Communications and Air Transportation Taxes (see instructions)
22 Local telephone service and teletypewriter exchange service
26 Transportation of persons by air
28 Transportation of property by air
27 Use of international air travel facilities

Form 720 (Rev. 6-2026)
33 Retail Tax—Truck, trailer, and semitrailer chassis and bodies, and tractor - Tax
29 Transportation by water - Number of persons
29 Transportation by water - Tax
31 Obligations not in registered form - Amount
31 Obligations not in registered form - Tax
155 Remittance transfers - Tax
155 Remittance transfers - Amount
155 Remittance transfers - Amount
30 Casuality insurance and idemnity bonds - premiums paid rate .04
30 Life insurance, sickness and accident policies, and annuity contracts rate .01 -Tax
30 Reinsurance rate .01
30 Life insurance, sickness and accident policies, and annuity contracts rate .01
36 Coal Underground mined number of tons
36 Coal Underground mined number of tons- Tax
36 Coal Underground mined number of tons- Sales Price
36 Coal Underground mined number of tons- Sales Price Tax
36 Coal - Surface mined number of tons
36 Coal - Surface mined number of tons Sales Price
36 Coal - Surface mined number of tons - Tax .55 per ton
36 Coal - Surface mined number of tons - Tax %4.4 of sales price
1
Reserved for future use - Sales price
Reserved for future use - Tax
1 Total. Add all amounts in Part I. Complete Schedule A unless one-time filing

Type a question

Rows	Number of tires	Tax
108 Taxable tires other than bias ply or super single tires
109 Taxable bias ply or super single tires (other than super single tires designed for steering)
113 Taxable tires, super single tires designed for steering
40 Gas guzzler tax. Attach Form 6197. Check if one-time filing
97 Vaccines (see instructions)

Type a question

Rows	(a) Avg. number of lives covered (see inst.)	(c) Fee (see instructions)	Tax
Secified health insurance policies
(a) With a policy year ending before October 1, 2025 $3.47 (b) With a policy year ending on or after October 1, 2025,and before October 1, 2026
(c) With a plan year ending before October 1, 2025 $3.47
(d) With a plan year ending on or after October 1, 2025, and before October 1, 2026

Type a question

Rows	Tax
41 Sport fishing equipment (other than fishing rods and fishing poles) 10% of sales price
110 Fishing rods and fishing poles (limits apply, see instructions) 10% of sales price
42 Electric outboard motors 3% of sales price
114 Fishing tackle boxes 3% of sales price
44 Bows, quivers, broadheads, and points 11% of sales price
106 Arrow shafts $.65 per shaft
140 Indoor tanning services 10% of amount paid

Part II

Rows	Number of gallons	Rate	Tax
64 Inland waterways fuel use tax $.29 64
125 LUST tax on inland waterways fuel use (see instructions) .001
51 Section 40 fuels (see instructions)
117 Biodiesel sold as but not used as fuel
20 Floor stocks tax—Ozone-depleting chemicals. Attach Form 6627.
150 Repurchase of corporate stock. Attach Form 7208.
142 Sales of designated drugs during statutory periods.
2 Total. Add all amounts in Part II

Part III
3 Total tax. Add Part I, line 1, and Part II, line 2
4 Claims (see instructions; complete Schedule C)
5 Deposits made for the quarter
2
6 Overpayment from previous quarters
7 Enter the amount from Form 720-X included on line 6, if any
8 Add lines 5 and 6
9 Add lines 4 and 8
10 Balance Due. If line 3 is greater than line 9, enter the difference on line 10. See instructions and www.IRS.gov/Pay for details on how to pay. Pay the full amount with the return. (See instructions.)
11 Overpayment. If line 9 is greater than line 3, enter the difference on 11a
11b Check the box if you want the overpayment:
11c Routing number (9 digits)
11d Type:
11e Account number (up to 17 digits)
Third Party Designee
Do you want to allow another person to discuss this return with the IRS? (See instructions.)
Designee's name
First NameLast Name
Phone no.
Format: (000) 000-0000.
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
Clear
Date
MonthDayYear
2 digit month, 2 digit day, 4 digit yearDate
Title
Type or print name below signature
First NameLast Name
Telephone number
Format: (000) 000-0000.
Paid Preparer Use Only
Preparer's name
First NameLast Name
Preparer's signature
Clear
Date
MonthDayYear
2 digit month, 2 digit day, 4 digit yearDate
3
PTIN
Firm's name
Firm's EIN
Firm's address
Street Address
Street Address Line 2
CityState / Province
Postal / Zip Code
Phone no.
Format: (000) 000-0000.

Schedule A - Excise Tax Liability
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.

Regular method taxes

Rows	1st-15th day	1st-15th day	1st-15th day	16th-last day	16th-last day	16th-last day	Column 8	Column 9
First month
Second month
Third month
Special rule for September*
(b) Net liability for regular method taxes. Add the amounts for each semimonthly period.

Alternative method taxes (IRS Nos. 22, 26, 28, and 27)
Rows 1st-15th day 1st-15th day 1st-15th day 16th-last day 16th-last day 16th-last day
First month
Second month
Third month
Special rule for September*
Schedule T - Two-Party Exchange Information Reporting

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

Rows	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

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.
- 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.
Rows Type of use Rate Gallons Amount of claim Amount of claim CRN
a Gasoline (see Caution above line 1)
b Exported (see Caution above line 1)
2 Nontaxable Use of Aviation Gasoline

Rows	Type of use	Rate	Gallons	Amount of claim	Amount of claim	CRN
a Used in commercial aviation (other than foreign trade)*
b Other nontaxable use (see Caution above line 1)*
c Exported (see Caution above line 1)*
d LUST tax on aviation fuels used in foreign trade

3 Nontaxable Use of Undyed Diesel Fuel
Period of claim (Section 3)
4

3 Nontaxable Use of Undyed Diesel Fuel

Rows	Type of use	Rate	Gallons	Amount of claim	Amount of claim	CRN
a Nontaxable use
b Use in trains
c Use in certain intercity and local buses (see Caution above line 1)
d Use on a farm for farming purposes
e Exported (see Caution above line 1)

4 Nontaxable Use of Undyed Kerosene (Other Than Kerosene Used in Aviation)
Period of claim (Section 4)
5

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

Rows	Type of use	Rate	Gallons	Amount of claim	Amount of claim	CRN
a Nontaxable use
b Use in certain intercity and local buses (see Caution above line 1)
c Use on a farm for farming purposes
d Exported (see Caution above line 1)

5 Kerosene Used in Aviation (see Caution above line 1)

5 Kerosene Used in Aviation (see Caution above line 1)

Rows	Type of use	Rate	Gallons	Amount of claim	Amount of claim	CRN
a Kerosene used in commercial aviation (other than foreign trade) taxed at $.244
b Kerosene used in commercial aviation (other than foreign trade) taxed at $.219*
c Nontaxable use (other than use by state or local government) taxed at $.244
d Nontaxable use (other than use by state or local government) taxed at $.219*
e LUST tax on aviation fuels used in foreign trade

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.)

Rows	Type of use	Rate	Gallons, or gasoline or diesel gallon equivalents	Amount of claim	Amount of claim	CRN
a Liquefied petroleum gas (LPG) (see instructions)
b "P Series" fuels
c Compressed natural gas (CNG) (see instructions)
d Liquefied hydrogen
e Fischer-Tropsch process liquid fuel from coal (including peat)
f Liquid fuel derived from biomass
g Liquefied natural gas (LNG) (see instructions)
h Liquefied gas derived from biomass

7 Sales by Registered Ultimate Vendors of Undyed Diesel Fuel
Period of claim
Registration number
6
Rows Rate Gallons Amount of claim Amount of claim CRN
Use by a state or local government
Use in certain intercity and local buses
8 Sales by Registered Ultimate Vendors of Undyed Kerosene (Other Than Kerosene for Use in Aviation)
Period of claim
Registration number
7
Rows Rate Gallons Amount of claim Amount of claim CRN
a Use by a state or local government
b Sales from a blocked pump
c Use in certain intercity and local buses
9 Sales by Registered Ultimate Vendors of Kerosene for Use in Aviation
Registration number

Rows	Type of use	Rate	Gallons	Amount of claim	Amount of claim	CRN
a Use in commercial aviation (other than foreign trade) taxed at $.219
b Use in commercial aviation (other than foreign trade) taxed at $.244
c Nonexempt use in noncommercial aviation*
d Other nontaxable uses taxed at $.244
e Other nontaxable uses taxed at $.219*
f LUST tax on aviation fuels used in foreign trade

10 Sales by Registered Ultimate Vendors of Gasoline
Registration number
10 Sales by Registered Ultimate Vendors of Gasoline
Rows Rate Gallons Amount of claim Amount of claim CRN
a Use by a nonprofit educational organization
b Use by a state or local government
11 Sales by Registered Ultimate Vendors of Aviation Gasoline
11 Sales by Registered Ultimate Vendors of Aviation Gasoline
Rows Rate Gallons Amount of claim Amount of claim CRN
a Use by a nonprofit educational organization*
b Use by a state or local government*

12 Reserved for future use
Rows Number of gallons sold or used Amount of claim Amount of claim CRN
8
9
10
11

13 Reserved for future use

Rows	Rate	Gallons, or gasoline or diesel gallon equivalents (see instructions)	Amount of claim	Amount of claim	CRN
a Reserved for future use
b Reserved for future use
c Reserved for future use
d Reserved for future use
e Reserved for future use
f Reserved for future use
g Reserved for future use
h Reserved for future use
i Reserved for future use

Rows	Amount of claim	Amount of claim	CRN
a Section 4051(d) tire credit (tax on vehicle reported on IRS No. 33)
b Exported dyed diesel fuel and exported gasoline blendstocks taxed at $.001
c Exported dyed kerosene
d Diesel-water fuel emulsion
e Registered credit card issuers

Rows	Number of tires	Number of tires	Amount of claim	Amount of claim	CRN
f Taxable tires other than bias ply or super single tires
g Taxable tires, bias ply or super single tires (other than super single tires designed for steering)
h Taxable tires, super single tires designed for steering
i Chemicals (other than ODCs)
j Imported chemical substances
k

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

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 (2026) Payment Voucher
1 Enter your employer identification number (EIN). See instructions.
Dollars
Cents
3 Tax period
4 Enter your business name and address
Street Address
Street Address Line 2
CityState / Province
Postal / Zip Code
Should be Empty:

Rows	Type of use	Rate	Gallons	Amount of claim	Amount of claim	CRN
a Gasoline (see Caution above line 1)
b Exported (see Caution above line 1)

Rows	Rate	Gallons	Amount of claim	Amount of claim	CRN
Use by a state or local government
Use in certain intercity and local buses

Rows	Rate	Gallons	Amount of claim	Amount of claim	CRN
a Use by a state or local government
b Sales from a blocked pump
c Use in certain intercity and local buses

Rows	Rate	Gallons	Amount of claim	Amount of claim	CRN
a Use by a nonprofit educational organization
b Use by a state or local government

Rows	Rate	Gallons	Amount of claim	Amount of claim	CRN
a Use by a nonprofit educational organization*
b Use by a state or local government*

Form 720(Rev. June 2026)Department of the TreasuryInternal Revenue Service

Quarterly Federal Excise Tax Return

Part I

Form 720 (Rev. 6-2026)

Part II

Part III

Third Party Designee

Sign Here

Paid Preparer Use Only

Schedule A - Excise Tax Liability

Schedule T - Two-Party Exchange Information Reporting

Schedule C Claims

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

2 Nontaxable Use of Aviation Gasoline

3 Nontaxable Use of Undyed Diesel Fuel

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

5 Kerosene Used in Aviation (see Caution above line 1)

7 Sales by Registered Ultimate Vendors of Undyed Diesel Fuel

8 Sales by Registered Ultimate Vendors of Undyed Kerosene (Other Than Kerosene for Use in Aviation)

9 Sales by Registered Ultimate Vendors of Kerosene for Use in Aviation

10 Sales by Registered Ultimate Vendors of Gasoline

11 Sales by Registered Ultimate Vendors of Aviation Gasoline

Form 720-V,Payment Voucher

Form 720-V (2026) Payment Voucher