0626 Form 720 (PDF)

Official source: IRS Forms, Instructions & Publications (https://www.irs.gov/pub/irs-pdf/f720.pdf), retrieved 2026-10-03. U.S. Government work (17 U.S.C. § 105).

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Form

(Rev. June 2026) 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

FOR IRS USE ONLY

T FF

FD FP I

T

Check here if:

Final return Address change

Part I

Name Quarter ending

Number, street, and room or suite no. (If you have a P.O. box, see the instructions.)

Employer identification number

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

* See instructions to ensure correct rate.

For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions. Cat. No. 10175Y Form 720 (Rev. 6-2026) Created 7/6/26

Form 720 (Rev. 6-2026) Page 2

Form 720 (Rev. 6-2026) Page 3

11c Routing number (9 digits) 11d Type: Checking Savings 11e Account number (up to 17 digits)

Form 720 (Rev. 6-2026)

Form 720 (Rev. 6-2026) 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

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

• 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. 6-2026)

Form 720 (Rev. 6-2026) 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.

• 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

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

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

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

* See instructions to ensure correct rate.

Form 720 (Rev. 6-2026)

Form 720 (Rev. 6-2026) 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.)

Amount of claim CRN

Type of use Rate

Gallons, or gasoline

equivalents

or diesel gallon

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 Period of claim (Other Than Kerosene for Use in Aviation) 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 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Rate Gallons Amount of claim CRN a Use by a state or local government $.243 $

346

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.

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 $ 362 b Use by a state or local government .183

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 $ 324 b Use by a state or local government* .193

* See instructions to ensure correct rate.

Form 720 (Rev. 6-2026)

Form 720 (Rev. 6-2026) Page 7 12 Reserved for future use

d Reserved for future use 13 Reserved for future use

d Reserved for future use 13 Reserved for future use

d Reserved for future use 13 Reserved for future use

d Reserved for future use 13 Reserved for future use

Form 720 (Rev. 6-2026)

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)