Quick eFile 720!
Do You Need to File Form 720 If You Owe No Tax?
In many cases, yes. If your business is required to file Form 720, the IRS generally
expects a quarterly return even when your calculated tax due for that period is zero.
A zero liability Form 720 (often called a “zero return”) applies when:
-
You filed Form 720 in prior quarters
but had no taxable activity this quarter -
Your excise activity paused
temporarily -
Your tax calculation results in $0
due for the reporting period
Filing requirements depend on your filing history and the specific excise category involved. Always review official IRS guidance or consult a tax professional for advice specific to your situation. Skipping a required quarter may trigger IRS notices for a missing return.
What Is a Zero Liability Form 720?
A zero liability Form 720 is a quarterly federal excise tax return where all reported taxable amounts and resulting tax due equal $0.
Businesses that commonly file zero returns
include:
- Companies with prior Form 720 filing history
- Businesses with seasonal or variable excise activity
- Entities maintaining quarterly compliance status
Even when no payment is due, maintaining consistent quarterly filing helps avoid:
- IRS missing-return notices
- Compliance record gaps
- Delays when correcting or amending past quarters
Filing keeps your reporting history current.
Why File a Zero Liability Return Online
with eFileExcise720
eFileExcise720 is built specifically for electronic Form 720 submission through an IRS-authorized e-file process.
With eFileExcise720, you can:
- E-file Form 720 through an IRS-authorized provider
- Complete a guided online filing process
- Submit through secure data handling
- Receive electronic IRS acknowledgment after acceptance
- Keep your quarterly filing history organized
If you later need to correct a return, you can file Form 720-X. If you need to claim a refund, Form 8849 filing is also supported when applicable.
This platform is built specifically for federal excise tax compliance not general income tax filing.
Simple Filing Process
Filing a zero liability Form 720 online is straightforward:
- Create an account or log in (account creation is free)
- Select the applicable quarter
- Indicate zero liability for relevant categories
- Review your return using built-in validation checks
- Submit electronically to the IRS
- Receive official IRS acknowledgment once accepted
Electronic confirmation helps document that your quarterly filing was received.
What Happens If You Don't File?
If you were required to file Form 720 and do not submit a return, the IRS may treat the quarter as missing.
Possible outcomes may include:
- IRS notices requesting the missing return
- Compliance record gaps
- Penalties and interest if tax is later determined to be due
Filing promptly reduces future complications and keeps your reporting status current. If you missed a previous quarter, you may review guidance on filing a late Form 720 return before proceeding.
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The final person I talked to was able to really help me and stayed on the line until the issue was resolved. I was about to end the call but she convinced me that she knew what i needed to do. A very good customer service person. Superior!.
The final person I talked to was able to really help me and stayed on the line until the issue was resolved. I was about to end the call but she convinced me that she knew what i needed to do. A very good customer service person. Superior!.
Frequently Asked Questions
Stay Compliant Even When You Owe $0
If you believe your business is required to file Form 720 for the quarter, submitting a zero liability return helps maintain compliance and avoid unnecessary notices.
File Form 720 Zero Liability Return Online Now