How to File Other Excise Tax Online with Simple720: A Step-by-Step Guide
A Step-by-Step Guide, Steps to file Other Excise Tax online using Simple720:
Here is a detailed guide to filing your Sport Fishing Equipment Tax using Simple720, an IRS-approved platform. Follow these steps to complete your filing smoothly:
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 “Other Excise Tax” and click on Obligations IRS number 31.
Step 5 - Enter Filing Information: Enter the Tax date, Principal amount and No. Of. Calender years.
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 Other Excise tax filing will be submitted within minutes.
WRAP:
Filing your Other Excise Tax (IRS Number 31) with Simple720 is quick and easy. With our IRS-authorized platform, you can ensure accurate filings and timely submissions. Start your filing today for a hassle-free experience!