Claim Your Form 720 Schedule C Credits for Nontaxable Use of Aviation Gasoline with Simple720!

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What is Nontaxable Use of Aviation Gasoline
under Schedule C Claim of Form 720?

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Nontaxable use of aviation gasoline refers to situations where aviation gasoline (avgas) is used for specific, IRS-approved purposes that are exempt from excise tax. This type of gasoline must meet certain criteria to qualify for the exemption, as outlined under IRS Form 720 Schedule C.

Form 720 Claim Rate:
  • Used in commercial aviation (other than foreign trade) (Line 2a) is eligible for a claim at $0.15 per gallon.
  • Other nontaxable use (Line 2b) is eligible for a claim at $0.193 per gallon.
  • Exported (Line 2c) is eligible for a claim at $0.194 per gallon.
  • LUST tax on aviation fuels used in foreign trade (Line 2d) is eligible for a claim at $0.001 per gallon.

When You Are Eligible to Claim Nontaxable
Use of Aviation Gasoline:

You are eligible to claim the nontaxable use of aviation gasoline if it was used
during the claim period for one of the following allowable purposes:

Type of Use 9

Aviation gasoline used in foreign trade, including aviation gasoline used in aircraft engaged in international travel or trade.

Type of Use 10

Aviation gasoline used for certain helicopter and fixed-wing aircraft uses, as specified by the IRS guidelines for exempted aviation activities.

Type of Use 16

Aviation gasoline used in military aircraft, which qualifies for nontaxable claims based on the specific use of the fuel in government-approved military operations.

Additionally, for line 2d, the aviation gasoline must have been used during the claim period for Type of Use 9 (foreign trade), and this claim is made in addition to any claim made on line 2b for the same type of use.

How to Claim Your Nontaxable Use of Aviation Gasoline

STEP 1
Provide Business and Tax Information
Begin by entering your business name, address, Employer Identification Number (EIN), and contact details. Choose the appropriate category for your filing and fill in relevant information such as the quantity of gasoline used, tax date, and any other applicable details.
Filing Steps Image 1
Filing Steps Image 2
STEP 2
Select Your Eligible Claims
Choose the Nontaxable Use of Aviation Gasoline category that applies to your claim. If you have any supporting documents, you can upload them at this stage to ensure your claim is accurate and complete.
STEP 3
Review Tax Adjustment and Payment
The system will automatically calculate the tax amount based on the claim details provided. Any necessary adjustments will be applied, and you can proceed with the payment to finalize your claim submission.
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File Form 720 Online

Why File Electronically for Nontaxable Use
of Aviation Gasoline with Simple720?

AICPA SOC Certified Portal
Rest assured, your claim is handled through a platform that meets the highest security and privacy standards, as evidenced by our AICPA SOC certification. Your data is in safe hands.
IRS-Authorized Portal
File with confidence on a system fully approved by the IRS, ensuring compliance and a smooth process for your nontaxable claims.
Guaranteed Accuracy and Speed
Experience the benefit of fast, error-free filing with automatic calculations and instant submission, ensuring your claim is processed promptly and accurately.
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Testimonial
What Clients Are Saying
- Emily Wright, Nevada

Effortless Claim Filing for Aviation Gasoline
Simple720 made claiming my Nontaxable Use of Aviation Gasoline credits a breeze. The entire process was easy to follow, and I had no issues submitting my claim.

- Mark Stevens, Arizona

Quick and Reliable Service
Filing with Simple720 was quick and the platform's easy-to-understand instructions made the whole process painless. I'll definitely use it again next year!

- Laura Green, Florida

Stress-Free and Fast
I was able to file my aviation gasoline claim with no stress. The step-by-step guidance was spot-on, and the process was completed in no time!

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