Other Excise Tax: File Form 720 Online

Businesses across many industries owe federal excise taxes each quarter. If you sell specific goods, provide certain services or import selected chemicals you likely must file using IRS Form 720. eFileExcise720 is an IRS authorized e-filing portal that helps you submit accurate returns on time with a fast online workflow.

When you file Other Excise Tax on Form 720 you report items like indoor tanning services, air transportation taxes, sport fishing equipment, tires, foreign insurance, environmental and chemical taxes including the Superfund chemical excise tax and ozone depleting chemicals. Our platform supports every Form 720 category so you can complete one secure filing in minutes.

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What falls under Other Excise
Tax on Form 720

Form 720 covers many taxes beyond fuel. These include taxes on manufacturers, importers and service providers. If you charge for taxable services or sell taxable goods you are responsible for collecting the tax then filing and paying it each quarter.

Typical categories include air passenger and cargo transportation, foreign insurance premiums, manufacturers tax on sport fishing equipment, bows and arrows, firearms, certain tires and heavy trucks sold at retail. It also includes environmental tax and chemical excise taxes such as the Superfund chemical excise tax, the tax on ozone depleting chemicals and the oil spill liability tax when applicable. Indoor tanning services are also reported on the form. The PCORI fee for applicable plan sponsors is reported on the second quarter return.

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Common filers and examples

Airlines and air charter operators that collect air transportation taxes

Tanning salons billing customers for indoor tanning services

Manufacturers and importers of listed chemicals subject to Superfund rates

Retailers or manufacturers that sell sport fishing equipment or arrows

Truck dealers that collect the retail tax on heavy vehicles

Insurers or brokers that place policies with foreign insurers

Businesses that sell taxable tires or certain firearms

Filing Deadlines and Records You Need

Form 720 is a quarterly return. Returns are due the last day of the month after the quarter ends.

Due dates are,

Q1

April 30

Q2

July 31

Q3

October 31

Q4

January 31

Payments are due by the same date. If the due date falls on a weekend or public holiday, it will be moved to the next business day.

Accurate Records

Keep accurate records for each taxable category. You should have gross receipts, number of units sold, tax rates that apply, exemptions, adjustments, deposits made and any supporting schedules. Some taxes require Form 6627 to calculate environmental and chemical liabilities. Save invoices, tickets, policy documents and plan data as proof. Good records make it easier to prepare returns, respond to IRS notices and complete amendments when needed.

If your liability for a quarter is under the IRS deposit threshold you can pay with the return. Larger liabilities may require semimonthly deposits through EFTPS during the quarter. Always reconcile deposits with the return to avoid penalties and interest.

How eFileExcise720 Makes Filing Simple

eFileExcise720 is designed for speed, accuracy and peace of mind. You do not need to install software. Create a free account, choose your tax categories, enter totals, review, pay and transmit. Your data is protected with secure encryption and our team offers personalized support if you have questions.

Key benefits include:

IRS authorized e-filing with quick acknowledgements
Simple dashboard navigation with clear prompts
Support for all Form 720 categories across industries
Personalized customer support when you need help
Secure data protection for your information
Form 720 amendments support through 720-X
Refund claim guidance through Form 8849

Step by step to e-file now

Create your free account at eFileExcise720.
Add business details and select the tax period.
Choose the categories that apply to your business.
Enter sales, units and other required figures for each category.
Review calculations, add any needed schedules and select your payment method.
Submit the return for IRS acceptance and track status on your dashboard.
Download your accepted copy once the IRS accepts your return.

Corrections and Refunds

If you discover an error after filing you can amend the return with Form 720-X. Use an amendment to fix math errors, add a category, claim an exemption you missed or adjust reported units. eFileExcise720 supports amendments so you can correct filings quickly.

If you overpaid tax or qualify for a credit you may be able to file Form 8849 to claim a refund. The claim process depends on the tax type and the reason for the credit. Our team can point you to the right schedule and help you send a complete claim. Keep backup documents ready because the IRS may request proof. If a credit belongs on a later quarter you can also take the credit on the next Form 720 instead of filing a claim.

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Frequently Asked Questions

Any business that sells taxable goods, provides taxable services or imports listed chemicals reported on Form 720 must file for each quarter in which it has liability.

If you filed in the prior quarter and do not owe tax for the current quarter you can file a final return if your liability has ended or file a zero return to keep your account current.

You can pay by direct debit during e-filing or by scheduling an EFTPS payment. Be sure the payment amount matches your return.

Environmental and chemical taxes often need Form 6627 to compute the amounts. Keep your calculations with your records and include the data when you file.

More FAQ's

Filing excise taxes does not have to be complex

eFileExcise720 brings a guided online experience with secure data protection and helpful support so you can meet deadlines with confidence. Start your filing today with our IRS authorized platform. We help your business stay compliant quarterly. Create your free account and file Form 720 in minutes with eFileExcise720. Questions about your return? Our support team is ready to assist you every step today.