How to File Your Archery Excise Tax Online? (2025)
A Recap on Archery Excise Tax:
The IRS imposes an Archery Excise Tax on the sale of archery equipment under Internal Revenue Code Section 4161. Manufacturers, producers, or importers are responsible for paying this tax, which includes items such as bows, quivers, broadheads, and arrow shafts. The tax rate is 11% on bows with a peak draw weight of 30 pounds or more, and 39 cents per arrow shaft sold.
This comprehensive guide will walk you through the process of filing your Archery Excise Tax seamlessly using Simple720, our IRS-Authorized online portal.
8 Steps to file Archery Excise Tax online using Simple720:
Step 1 - Create an Account: If you’re a new user, sign up for a free Simple720 account. Existing users can log in with their credentials.
Step 2 - Provide Business Details: For new users, the next step is to enter your business details. Click on “Add New Filings” and click on “Add New Business” and complete the required fields, including:
Business Name
Employer Identification Number (EIN)
Business Type (select from the drop-down options)
Business Contact Information
If you’re an existing user, simply select the stored business name from the database.
Step 3 - Choose Form Type: Select “Form 720 (Quarterly Federal Excise Tax)” as the form type. Accurately provide the tax year and quarter you are filing for, then click “Proceed.”
Step 4 - Select Other Excise Tax: From the left menu, select the appropriate category under Part 2 Section based on your filing requirement: "Bows, Quivers, Broadheads, and Points (44)" or "Arrow Shafts (106)". Choose the option that best aligns with the items you're reporting for accurate tax filing.
Step 5 - Enter Filing Information: Enter the number of shafts for "Arrow Shafts - IRS Number 106" or the sales price for "Bows, Quivers, Broadheads, and Points - IRS Number 44" as applicable to your filing. Ensure that the details are accurate to calculate the correct excise tax.
Step 6 – Auto Calculation: The tax amount is automatically calculated and displayed on the portal.
Step 7 - Choose a Payment Method: Review your information and choose one of the IRS payment methods:
Electronic Funds Withdrawal (Direct Debit)
EFTPS - Electronic Federal Tax Payment System
Step 8 - Complete Your Filing: Once the payment is completed, your Archery Excise tax filing will be submitted within minutes.
You’ll receive instant confirmation as soon as the IRS approves—no more waiting weeks for updates.
Wrap:
In conclusion, filing your Archery Excise Tax through Simple720 is a straightforward and efficient process. The IRS requires you to file your Archery Excise Tax online. By following the easy steps outlined in this guide, you can ensure accurate tax reporting and timely submission. Our IRS-authorized Simple720 federal excise tax portal simplifies the task, offering automatic tax calculations and secure payment options.
Stay compliant and avoid penalties by filing your taxes online with ease.