IRS Form 720 · Quarterly Federal Excise Tax Return · Rev. June 2025

Quarterly Federal
Excise Tax Filing — Done Right.

EasyFile720 is the complete e-filing platform for IRS Form 720 and all required attachments — covering fuel taxes, environmental taxes, air transportation, stock repurchases, PCOR fees, gas guzzler tax, and more.

Start Your Free Filing → See How It Works
4×
Quarterly filing deadlines per year
150+
IRS line items supported on Form 720
7+
Attached forms handled automatically
25%
Max penalty for late filing — avoid it
Trusted by finance teams at

// Full Form 720 Coverage

Every excise tax on Form 720 — one platform.

Form 720 is the IRS Quarterly Federal Excise Tax Return covering dozens of tax categories across Part I and Part II. EasyFile720 handles all of them — with auto-calculated rates, built-in schedules, and attached forms generated automatically.

IRS Nos. 53 · 18 · 16 · 21 · 54 · 17 · 98 · 19

Environmental Taxes

Petroleum superfund tax, oil spill liability, imported petroleum products, chemicals (other than ODCs), imported chemical substances, ozone-depleting chemicals, and ODC tax on imported products.

Form 6627Attach to 720
IRS Nos. 22 · 26 · 28 · 27

Communications & Air Transportation

Local telephone service (3%), transportation of persons by air (7.5% + $5.20 domestic segment), transportation of property by air (6.25%), and international air travel facilities ($22.90/person for 2025).

Regular MethodAlt. Method
IRS Nos. 60 · 35 · 62 · 69 · 77 · 79 · 112–124

Fuel Taxes

Diesel, kerosene, gasoline, aviation gasoline, alternative fuels (LPG, CNG, LNG, liquefied hydrogen, biodiesel, Fischer-Tropsch), diesel-water emulsions, LUST taxes, and two-party exchange reporting (Schedule T).

Schedule TSchedule C
IRS No. 33

Retail Tax — Heavy Vehicles

12% of sales price on first retail sale of truck chassis & bodies, trailer chassis & bodies, and tractors primarily used for highway transportation. GVW thresholds applied automatically.

IRS No. 33
IRS No. 40

Gas Guzzler Tax

Tax on sale or use of automobiles with fuel economy below 22.5 mpg. Rates from $1,000 to $7,700 per vehicle depending on mpg rating. Supports one-time filing for individual importers (no EIN needed).

Form 6197One-Time Filing
IRS No. 97

Vaccine Taxes

$0.75 per dose on taxable vaccines — including diphtheria, tetanus, pertussis, polio, measles, mumps, rubella, Hepatitis A & B, HPV, HIB, meningococcal, pneumococcal, rotavirus, and influenza vaccines.

IRS No. 97
IRS No. 133

Patient-Centered Outcomes Research (PCOR) Fee

Annual fee on health insurance issuers and self-insured plan sponsors. $3.47/life for plan years ending Oct 1, 2024–Sep 30, 2025. Filed on 2nd Quarter Form 720 only — we auto-route it correctly.

Section 4375/4376Q2 Only
IRS No. 150

Stock Repurchase Excise Tax

1% excise on FMV of corporate stock repurchases (IRC §4501, Inflation Reduction Act 2022). Full Form 7208 support: all 5 parts, OMR/ASR/tender/split-off transactions, exceptions, retirement plan offsets, and stock issuance deductions.

Form 7208Annual
IRS Nos. 36 · 37 · 38 · 39

Coal — Manufacturers Tax

Underground mined: lower of $1.10/ton or 4.4% of sales price. Surface mined: lower of $0.55/ton or 4.4% of sales price. Rate automatically determined by per-ton selling price.

IRS Nos. 108 · 109 · 113

Taxable Tires

Tax on highway tires sold by manufacturer, producer, or importer. Rate based on maximum rated load capacity over 3,500 lbs. Bias ply, super single, and steering tires each have distinct rates.

IRS Nos. 41 · 110 · 42 · 114 · 44 · 106

Sport & Outdoor Equipment

Sport fishing equipment (10%), fishing rods & poles (10%, max $10), electric outboard motors (3%), fishing tackle boxes (3%), bows and archery equipment (11%), arrow shafts ($0.63/shaft for 2025).

IRS Nos. 29 · 30 · 31 · 140 · 142 · 64

Other Excise Taxes

Ship passenger tax ($3/person), foreign insurance premiums, obligations not in registered form, indoor tanning services (10%), sales of designated drugs (§5000D), inland waterways fuel use ($0.29/gallon).

// Know Your Deadlines

Miss the window. Pay the penalty.

Form 720 is filed quarterly. Miss a deadline and you face a 5% per month late-filing penalty up to 25%, plus a ½% per month late-payment penalty up to 25% — plus interest. EasyFile720 tracks your quarter and alerts you well in advance.

Note for Form 7208: The stock repurchase excise tax is filed annually — attached to the Form 720 due in the first full quarter after your tax year closes. A December fiscal year-end means Form 7208 is due April 30.
💡 PCOR Fee Exception: The Patient-Centered Outcomes Research fee is filed once per year on the 2nd Quarter Form 720 only — due July 31. We handle this routing automatically.
Quarter Covered Attach Form 7208 To Due By
Jan, Feb, Mar 2nd Quarter Form 720 July 31
Apr, May, Jun 3rd Quarter Form 720 Oct 31
Jul, Aug, Sep 4th Quarter Form 720 Jan 31 (next year)
Oct, Nov, Dec 1st Quarter Form 720 Apr 30 (next year)
Quarterly Form 720 Filing Due By
Q1 (Jan–Mar) April 30
Q2 (Apr–Jun) July 31
Q3 (Jul–Sep) October 31
Q4 (Oct–Dec) January 31

// How It Works

From tax data to IRS-ready return — in five steps.

1

Enter Entity Info

Provide your business name, EIN, address, and quarter ending date. We guide you through QSub and disregarded entity rules.

2

Select Tax Categories

Tell us which Part I and Part II taxes apply to your business. Our wizard surfaces only the lines relevant to you.

3

Enter Your Data

Input gallons, sales prices, lives covered, shares repurchased, or units sold. We apply the correct IRS rate automatically.

4

Auto-Generate Attachments

Form 6627, Form 6197, Form 7208, Schedule A, Schedule C, and Schedule T are populated and attached to Form 720 automatically.

5

E-File & Pay

Submit electronically via IRS e-file or download a signed PDF to mail. Pay via EFTPS, IRS Direct Pay, or Form 720-V payment voucher.

// Platform Features

Everything built into one intelligent filing engine.

EasyFile720 isn't a PDF filler — it's a compliance engine that knows the rules, enforces the logic, computes the tax, and routes everything correctly to Ogden, UT. Built on the current June 2025 revision of Form 720 and all updated attachments.

📐

Auto-Rate Application

All 2025 inflation-adjusted rates are built in: arrow shafts at $0.63/shaft, air transportation at $5.20/segment, international air at $22.90/person, diesel at $0.244/gallon, LUST at $0.001/gallon, and all PCOR fee rates. No manual lookups.

→ 150+ IRS line items
📋

Schedule A — Excise Tax Liability

Automatically populates the semimonthly liability record for all Part I taxes using either the regular method (boxes A–G) or alternative method (boxes M–S). September special rule and deposits handled correctly.

→ Regular & Alt method
💰

Schedule C — Claims & Credits

Full Schedule C support for nontaxable uses of gasoline, aviation gasoline, diesel, kerosene, alternative fuels, SAF credit (line 12d), and vendor credits (lines 7–11). All 16 Type-of-Use codes supported with correct CRN assignment.

→ SAF · Fuel · Tires

Schedule T — Two-Party Exchanges

Captures two-party exchange reporting for diesel, kerosene, gasoline, and aviation gasoline — gallons received and delivered within terminals — correctly linked to Part I IRS Nos. 60(a), 35(a), 62(a), and 14.

→ Terminal rack reporting
🏭

Form 6627 — Environmental Taxes

Complete support for all six parts: petroleum tax (IRS Nos. 16, 18, 21, 53), chemicals (IRS No. 54), imported chemical substances (IRS No. 17), ODCs (IRS No. 98), imported ODC products (IRS No. 19), and floor stocks tax (IRS No. 20).

→ 43 taxable chemicals
🚗

Form 6197 — Gas Guzzler Tax

Complete Part I and Part II computation. All 11 mpg brackets from $1,000 to $7,700. One-time filing pathway for individual importers who don't regularly import gas-guzzling automobiles — no EIN required in that case.

→ mpg auto-bracketing
📈

Form 7208 — Stock Repurchase

All 5 parts of Form 7208: repurchase logging (OMR, ASR, Tender, Split-Off, Reorganization, NLF), exception engine (§5a–§5d), Part III retirement plan FMV calculator, Part IV stock issuance offsets, and final 1% tax computation to Form 720 IRS No. 150.

→ Full IRC §4501 logic
💊

PCOR Fee — Correct Quarter Routing

Patient-Centered Outcomes Research fee (IRS No. 133) is auto-routed to 2nd Quarter Form 720 only. Supports both policy-year and plan-year calculations with the 4 IRS-approved averaging methods.

→ §4375 · §4376 · §4377
🔄

Deposits, Payments & Amended Returns

Tracks semimonthly EFTPS deposit requirements. Calculates safe harbor thresholds (1/6 of lookback quarter). Generates Form 720-V payment voucher for check payments. Supports Form 720-X amendments with full audit trail.

→ EFTPS · IRS Direct Pay

// Supported IRS Forms

Every form, every schedule — included.

720
Quarterly Federal Excise Tax Return
The core return — Parts I, II, and III. All IRS line items, Schedule A excise liability, Schedule C claims, Schedule T two-party exchanges, and the Part III balance due or overpayment calculation.
→ Rev. June 2025
6627
Environmental Taxes
Six-part environmental tax form covering petroleum superfund, oil spill liability, chemicals, imported substances, ODCs, imported ODC products, and floor stocks. 2025 petroleum Superfund rate at $0.17/bbl.
→ Rev. January 2024
6197
Gas Guzzler Tax
Manufacturer/importer gas guzzler tax on automobiles below 22.5 mpg. Part I computation across all 11 mpg brackets. Part II model identification. One-time filing for personal importers.
→ Rev. October 2023
7208
Excise Tax on Stock Repurchases
Annual form for covered corporations, specified affiliates, and expatriated entities. All 5 parts. All transaction types. Exception engine. Retirement plan offsets. Stock issuance deductions. 1% tax to IRS No. 150.
→ June 2024 · Dec 2025 instr.
720-V
Payment Voucher
Auto-generated payment voucher for check or money order payments. Quarter selection, EIN, payment amount, and business address — pre-populated from your Form 720 data.
→ 2025 version
720-X
Amended Return
Full amended return support for all prior quarters. Required when adjusting liabilities. EasyFile720 maintains your original data and tracks every change — generating a clean Form 720-X with proper audit trail.
→ Amend any quarter
Sch A
Excise Tax Liability Record
Semimonthly net tax liability recording for all Part I taxes. Regular method (boxes A–G) and alternative method (boxes M–S). September special rule boxes (F, G, M, N) auto-populated.
→ Required for Part I
Sch C
Claims
14 claim categories covering gasoline, aviation fuel, diesel, kerosene, alternative fuels, SAF credit (line 12d), registered ultimate vendor claims (lines 7–11), tire credits, and other §6416 claims.
→ CRN auto-assigned

// Transparent Pricing

Simple pricing. No surprises at year-end.

Choose the plan that fits your filing complexity. All plans include the current Rev. June 2025 Form 720 and all supported schedules.

Starter

$199 /quarter

For businesses with simple quarterly excise tax obligations — single tax category, straightforward reporting.

  • Form 720 Parts I & II
  • Up to 3 IRS line items
  • Schedule A (liability record)
  • Form 720-V payment voucher
  • PDF export & e-file
  • Quarterly deadline reminders
Get Started

Enterprise

Custom

For multi-entity filers, PE-backed portfolios, fuel distributors, chemical manufacturers, and healthcare system sponsors.

  • Unlimited EINs / entities
  • Multi-affiliate Form 7208 aggregation
  • Two-party exchange (Schedule T) bulk import
  • Applicable specified affiliate rules
  • Expatriated entity filings
  • ERP / API integration
  • Dedicated compliance specialist
  • SOC 2 Type II audit logs
  • SLA-backed support
Contact Sales

Your next quarterly deadline is closer than you think.

Form 720 is due within 30 days of each quarter's close. EasyFile720 guides you through every line — Part I fuel taxes, Part II health fees, stock repurchase excise, environmental taxes, and all attached schedules — in one sitting.

Start Filing Today → No credit card · IRS e-file ready · Ogden, UT submission