Information about Form 720, Quarterly Federal Excise Tax Return, including recent updates, related forms, and instructions on how to file. Form 720 is used by taxpayers to report liability by IRS number …

What is a 720 form? IRS Form 720, the Quarterly Federal Excise Tax Return, is a tax form for businesses that sell goods or services subject to excise tax to report and pay those taxes.

Nov 1, 2025 · IRS Form 720 is used by businesses that deal in goods and services that are subject to excise tax. If your business falls into this category, you'll need to file Form 720 quarterly on any …

Sep 11, 2025 · Filling out IRS Form 720 involves reporting each applicable federal excise tax your business owes for the quarter, entering those amounts in the proper sections, and totaling them up to …

Dec 4, 2025 · IRS Form 720 is the Quarterly Federal Excise Tax Return used to report and pay excise taxes. Unlike income taxes, excise taxes apply to specific products, services, or activities and must …

Jul 18, 2022 · Here's your guide to Form 720, the Quarterly Federal Excise Tax Form. What is it, does your business need it, how to file, and its payment obligations.

Simple720 is an IRS-authorized online portal for filing Form 720 and Form 8849 federal excise tax returns. The IRS has indicated that electronic filing is the preferred method, as paper submissions …

Tax form 720, Quarterly Federal Excise Tax Return, is used to calculate and make excise tax payments on certain categories of income/assets. Excise taxes are taxes paid when purchases are made on a …

Mar 14, 2024 · What is Form 720? Form 720 Quarterly Federal Excise Tax Return is a form required by the IRS to report and pay excise taxes on certain goods and services. The form is made up of three …

Jun 18, 2025 · Learn how to file Form 720 for quarterly excise tax returns with our step-by-step guide. Understand the process and requirements.