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Excise Taxes


This section describes the excise taxes you may have to pay and the forms you have to file if you do any of the following.

  • Manufacture or sell certain products.
  • Operate certain kinds of businesses.
  • Use various kinds of equipment, facilities, or products.
  • Receive payment for certain services.

Required Forms for Excise Taxes

  • Form 720

    The federal excise taxes reported on Form 720
    , consist of several broad categories of taxes, including the following:

    • Environmental taxes.
    • Communications and air transportation taxes.
    • Fuel taxes.
    • Tax on the first retail sale of heavy trucks, trailers, and tractors.
    • Manufacturers taxes on the sale or use of a variety of different articles.

  • Form 2290

    There is a federal excise tax on certain trucks, truck tractors, and buses used on public highways. The tax applies to vehicles having a taxable gross weight of 55,000 pounds or more. Report the tax on Form 2290.

  • Form 730

    If you are in the business of accepting wagers or conducting a wagering pool or lottery, you may be liable for the federal excise tax on wagering. Use Form 730, to figure the tax on the wagers you receive.

  • Form 11-C

    Use
    Form 11-C, Occupational Tax and Registration Return for Wagering, to register for any wagering activity and to pay the federal occupational tax on wagering.

Excise Tax has several general excise tax programs. One of the major components of the excise program is motor fuel.


Forms

11-C – Occupational Tax & Registration Return for Wagering
720 – Quarterly Excise Return
2290 – Heavy Vehicle Use Return
730 – Monthly Return for Wagers

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