E-file Your Ship Passenger Excise Tax in Just a Few Minutes with Simple720
- Seamless Interactive Dashboard
- Reliable and fast e-filing
- No Software Download
What Is the Ship Passenger Excise Tax (IRS No. 29)?
Under Section 4471 of the Internal Revenue Service (IRC), the Ship Passenger Excise Tax applies to certain “covered voyages” provided by commercial passenger vessels.
Form 720 Tax Rate: Ship Passenger Excise Tax (IRS No. 29) is imposed at $3 per person regardless of fare price or ticket cost and must be reported on IRS Form 720 for the applicable quarter.
- The tax is imposed on commercial vessels that carry passengers on covered voyages, typically voyages that begin and end in U.S. ports and meet criteria under the regulation.
- Vessel operators (not individual passengers) are responsible for reporting and paying the tax.
The operator of the commercial passenger vessel providing the voyage must collect the tax (typically as part of the ticket purchase) and remit it via Form 720 on a quarterly basis.
Why Opt for Electronic Filing for Your
Ship Passenger Tax(IRS No. 29)?
Steps to Complete Your Ship Passenger
Tax(IRS No. 29) Filing with Simple720
- Tax date
- Total number of persons
Why Choose Simple720 for Filing Your
Ship Passenger Tax(IRS No. 29)?
Data Handling
Simple720 Vs Others
| IRS Authorized e-Filer | Brand X | Brand Y | Brand Z | |
|---|---|---|---|---|
| Cloud-Based | Yes | No | No | No |
| Software Download | None | Yes-PC Only | Yes | Yes |
| License | None | Required | Required | Required |
| Annual Contract | No | Required | Required | Required |
| All Excise Taxes | Yes | Fuel Taxes Only | No | No |
| Cost | $59.95/return | $1,000+/yr. | $1,500+/yr. | $5,000+/yr. |
Seamless Compliance Made Easy
Filing the Ship Passenger Tax used to be a hassle. With Simple720, it is now just a few clicks and we are done.
Cost and Time Savings Appreciated
As a charter-boat company, we save significant admin time and avoid mailing costs thanks to Simple720's e filing.
Audit Ready Records
Simple720 keeps our voyage and passenger records neatly organized. When auditors asked for past filings, we could pull everything up in seconds.
Frequently Asked Questions
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