Easily File Your Sales by Registered Ultimate Vendors of Gasoline Claim with Simple720!

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What is Sales by Registered Ultimate Vendors of Gasoline(10) under Schedule C Claim of Form 720?

Registered ultimate vendors of gasoline(10) can file a claim on lines 10 of Form 720 if the buyer waives their right to claim by providing an unexpired certificate, as detailed in Model Certificate M in Pub. 510. A single claim can be made per gallon of gasoline. The gasoline must have been sold for use by nonprofit educational organizations or state/local governments, including essential use by Indian tribal governments.

Form 720 Claim Rate:
  • Line 10a: Eligible for a claim at $0.183 per gallon for gasoline used by a nonprofit educational organization.
  • Line 10b: Eligible for a claim at $0.183 per gallon for gasoline used by state or local governments (including essential government use by an Indian tribal government).
Eligibility to Claim Sales by Registered Ultimate Vendors of Gasoline(10) :
  • Claim Requirements:
    • The claim must be for gasoline sold or used during a period of at least one week, typically satisfied for quarterly claims filed on Form 720.
    • The claim amount must total at least $200. This threshold can be met by combining amounts from lines 10 and 11.
    • Claims must be filed by the end of the first quarter following the earliest quarter of the claimant's income tax year included in the claim. For example, a claim for January and February must be filed by April 30 on Form 720, while claims filed on Form 8849 are due by June 30.
  • UV Registration Number: Ensure that your UV registration number is entered where indicated on the form.
  • Required Documentation: Attach a separate sheet with the name and TIN of each nonprofit educational organization or government entity that purchased gasoline, along with the gallon quantity sold to each.

Why File Electronically for Sales by Registered
Ultimate Vendors of Gasoline(10) with Simple720?

Secure & IRS-Authorized Filing Platform
Submit your claim confidently through a secure, IRS-authorized portal that adheres to AICPA SOC standards. Advanced security protocols protect your data, ensuring full compliance with IRS guidelines.
No Software Download Required
File effortlessly without the need for any software downloads. Simple720 offers a seamless online filing experience directly through your browser, saving you time and hassle.
Affordable Pricing
Enjoy a cost-effective filing solution with Simple720. Our platform offers competitive pricing to ensure you get maximum value while staying within your budget.
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How to Claim Your Sales by Registered
Ultimate Vendors of Gasoline(10)

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
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STEP 2
Select Your Eligible Claims
Choose the Sales by Registered Ultimate Vendors of Gasoline(10) 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.
Filing Steps Image 3
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Testimonial
What Clients Are Saying
- John Mitchell, Texas

Seamless Filing Experience
Simple720 made filing my claim for sales of gasoline incredibly easy. The clear, step-by-step instructions ensured I could complete the process quickly and accurately without any confusion.

- Linda White, California

Effortless Navigation
Filing my gasoline claim was smooth with Simple720’s intuitive platform. The design made it easy to follow the process and ensure that all details were correctly entered.

- Michael Davis, Florida

Instant Acknowledgment
I was relieved to receive immediate confirmation after submitting my gasoline sales claim. The fast acknowledgment reassured me that my claim was successfully filed and in good hands.

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