Use Tax Form 720x: Amended Quarterly Federal Excise Tax Return as a stand alone tax form calculator to quickly calculate specific amounts for your 2023 tax return. Form 720x: Amended Quarterly Federal Excise Tax Return is also integrated into our comprehensive US Tax Calculator where you can complete and save your calculations for later use. Alternatively you can use one of our Combined Federal and State Tax Estimator to quickly calculate your salary, tax and take home pay.
|1||Adjustments to Liability Reported on Previously Filed Forms 720|
Tax as originally reported on Form 720 or as previously adjusted
Change (subtract col. (d) from col. (e))
|2||Adjustments to Schedule C (Form 720) (see instructions for allowable adjustments)|
Credit as originally reported on Form 720 or as previously adjusted
Change (subtract col. (e) from col. (d))
|3||Adjustments to Liability Reported on Previously Filed Forms 720|
|a||For IRS Nos. 22, 26, 28, or 27, only collectors using the regular method for deposits check the box below.|
|b||For all other IRS Nos. except for 18, 21, 98, 19, 29, 31, 30, 133, 64, 125, 51, 117, and 20, or if the tax was based on use for 71, 79, 112, 118, 120–124, 61, and 101, check the box below. |
|Caution. IRS No. 71 can only be adjusted for periods ending before January 1, 2008. IRS Nos. 61 and 101 can only be adjusted for periods ending before October 1, 2006.|
|If the result is a balance due, pay the amount with this return. Enclose a check or money order with Form 720X and make it payable to “United States Treasury.” Write on the check or money order: “Form 720X,” your name, address, EIN, and the date Form 720X was signed. Complete line 6 on page 2.|
If the result is an overpayment, complete lines 5 and 6.
|5||Check if you want the overpayment:|
|b|| ▸ |
See Form 720 for how to apply your overpayment.
|6||Explanation of adjustments. See the instructions for line 6 for requirements. Attach additional sheets with your name and EIN if more space is needed.|
|Alcohol fuel mixture credit*|
|Alcohol fuel mixtures containing ethanol*||393||0.45|
|Alcohol fuel mixtures containing alcohol (other than ethanol)*||394||0.6|
|Biodiesel or renewable diesel mixture credit|
|Biodiesel (other than agri-biodiesel) mixtures||388||1|
|Renewable diesel mixtures||307||1|
|Alternative fuel credit and alternative fuel mixture credit|
|Liquefied petroleum gas (LPG)||426||0.5|
|“P Series” fuels||427||0.5|
|Compressed natural gas (CNG)||428||0.5|
|Any liquid fuel derived from coal (including peat) through the Fischer-Tropsch process||430||0.5|
|Liquid fuel derived from biomass||431||0.5|
|Liquefied natural gas (LNG)||432||0.5|
|Liquefied gas derived from biomass||436||0.5|
|Compressed gas derived from biomass||437||0.5|
Tip: use the US Tax Calculator to edit your refundable and non-refundable tax credits including Form 720x: Amended Quarterly Federal Excise Tax Return. Complete, Calculate, print and or save your tax calculation for later use.
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