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

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

Nontaxable-Gasoline

Nontaxable use of gasoline refers to situations where gasoline is used for specific purposes that are exempt from excise tax. These uses are outlined under the IRS Form 720 Schedule C instructions, and the gasoline must meet the criteria for certain allowable uses, as specified in the IRS guidelines. The nontaxable uses include certain business, transportation, and export purposes.

Form 720 Claim Rate:
  • Gasoline (other than aviation gasoline) (Line 1a) is eligible for a claim at $0.183 per gallon
  • Gasoline exported (Line 1b) is eligible for a claim at $0.184 per gallon.

When You Are Eligible to Claim
Nontaxable Use of Gasoline?

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

Type of Use 2

Off-highway business use (business use other than in a highway vehicle registered or required to be registered for highway use), excluding use in mobile machinery.

Type of Use 4

In a boat engaged in commercial fishing.

Type of Use 5

In certain intercity and local buses.

Type of Use 7

In a bus transporting students and employees of schools (school buses).

Type of Use 12

In a highway vehicle owned by the United States that isn't used on a highway.

Please note, Type of Use 2 does not include any personal use or use in a motorboat.

How to Claim Your Nontaxable Use of 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 Gasoline category that applies to your claim. If you have supporting documents, you can upload them at this stage to ensure your claim is complete and accurate.
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.
Filing Steps Image 3
File Form 720 Online

Why Electronic Claiming with Simple720
for Nontaxable Use of Gasoline

Single Interface for All Credits and Claims
With Simple720, you can easily claim the amount you're eligible for under Schedule C, such as Nontaxable Use of Gasoline, and file it for the relevant tax category. This feature allows you to manage and file your claims for any eligible category under Form 720, streamlining the process and ensuring accuracy.
IRS-Authorized Portal
Claiming your Nontaxable Use of Gasoline through an IRS-approved portal ensures that your submission is secure, compliant with the latest regulations, and processed according to IRS standards.
Instant Processing and Confirmation
Claiming electronically enables faster processing and instant confirmation of your submission. This gives you peace of mind, knowing your claim has been successfully processed and you remain in compliance with IRS requirements.
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Testimonial
What Clients Are Saying
- Robinson, Texas

Simple720 Made the Entire Claiming Process Easy!
The user-friendly interface and clear categories helped me quickly claim my Nontaxable Use of Gasoline credits without any confusion.

- Harris, California

Quick and Accurate Claim Submissions!
Simple720's clear classification and easy navigation made submitting my Nontaxable Use of Gasoline claim fast and error-free.

- Jackson, Florida

No More Headaches with Claims!
Simple720's intuitive platform made filing my Nontaxable Use of Gasoline claims a breeze, with no hassle or confusion.

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