Table of Contents
Expiration of credits.
When these instructions were prepared for printing, credits shown on Form 720, Schedule C, for alcohol fuel mixtures
(line 12), biodiesel or renewable diesel mixtures (line 13), and alternative fuels and alternative fuel mixtures (line 14,
except for line 14d), had expired on December 31, 2011.
The IRS has created a page on IRS.gov for Form 720 and its instructions at www.irs.gov/form720. You can find out if legislation extended the credits, or find information about any recent developments affecting Form 720
on that page.
Transportation of Persons by Air - Domestic (IRS No. 26).
For calendar year 2012, the tax on the amount paid for each domestic segment of taxable air transportation is $3.80.
Use of international air travel facilities (IRS No. 27).
For amounts paid during 2012, the tax on international flights is $16.70 per person for flights that begin or end
in the United States, or $8.40 per person for domestic segments that begin or end in Alaska or Hawaii (applies only to departures).
Exported gasoline blendstocks.
Claims for exported gasoline blendstocks taxed at $.001 per gallon are made on line 15b of Schedule C. Continue to
use line 1b to make claims for exported gasoline blendstocks taxed at $.184 per gallon.
Electronic filing.
You can electronically file Form 720 through any electronic return originator (ERO), transmitter, and/or intermediate
service provider (ISP) participating in the IRS e-file program for excise taxes. For more information on e-file, visit the IRS website at
www.irs.gov/efile.
www.irs.gov/efile.
Federal tax deposits must be made by electronic funds transfer.
You must use electronic funds transfer to make all federal tax deposits (such as deposits of employment tax, excise
tax, and corporate income tax). Forms 8109 and 8109-B, Federal Tax Deposit Coupon are obsolete. Generally, electronic funds
transfers are made using the Electronic Federal Tax Payment System (EFTPS). If you do not want to use EFTPS, you can arrange
for your tax professional, financial institution, payroll service, or other trusted third party to make deposits on your behalf.
EFTPS is a free service provided by the Department of Treasury.
To get more information about EFTPS or to enroll in EFTPS, visit www.eftps.gov or call 1-800-555-4477. Additional information about EFTPS is also available in Publication 966, The Secure Way to Pay Your
Federal Taxes.
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