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Instructions for Form 720›(Rev. June 2026)

Inflation Adjustments for 2026

Instruction 720 — Instructions for Form 720, Quarterly Federal Excise Tax Return · 2026-10-03 edition · updated 2026-10-04 · United States

Arrow shafts (IRS No. 106). The section 4161 tax on arrow shafts is increased to $0.65 per arrow shaft.

Transportation of persons by air (IRS No. 26). The section 4261 tax on the amount paid for each domestic segment of taxable air transportation is increased to $5.30.

Use of international air travel facilities (IRS No. 27). The section 4261 tax on the amount paid for international flights is increased to $23.40 per person for flights that begin or end in the United States. The section 4261 tax per person for domestic segments beginning or ending in Alaska or Hawaii is increased to $11.70 (applies only to departures).

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▸Contents — Instruction 720 — Instructions for Form 720, Quarterly Federal Excise Tax Return

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