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Exemptions for use by the United States or by a States or local government for police or law enforcement purposes; ambulances, ambulance-hearses; emergency uses prescribed by the IRS (including firefighting). IRC § 4064(b)(1). All 5 exemptions under IRC § 4221 apply.

In order to qualify for tax-free treatment, the state or local government must purchase the fuel for its own exclusive use. State and local government entities may benefit from Internal Revenue Code Section 4221(a)(4). This section exempts these entities from the Federal motor fuel excise taxes.

Excise Exemption Certain activities and nonprofit organizations are exempt from federal excise tax surcharges. ... Nonprofit hospital and educational organizations are exempt from communication-related excise taxes.

For example, if you're single, under the age of 65, and your yearly income is less than $12,200, or married, both spouses under 65, with income less than $24,400, you're exempt from paying taxes. If you're over the age of 65, single and have a gross income of $13,850 or less, you don't have to pay taxes.

Place Form 8689 in the return in attachment sequence order (85). Sign and date Form 1040 on page 2 and mail to the IRS Service Center Austin, TX 73301-0215. On the Form 1040 that will be filed with the Virgin Islands Bureau of Internal Revenue, put Form 8689 as the first page of the return (on top of Form 1040 page 1).

In general, an excise tax is a tax is imposed on the sale of specific goods or services, or on certain uses. Federal excise tax is usually imposed on the sale of things like fuel, airline tickets, heavy trucks and highway tractors, indoor tanning, tires, tobacco and other goods and services.

Excise taxes levied for this purpose are often called sin taxes. Similarly, governments use excise taxes to help cover costs related to the taxed item. For example, excise taxes on gasoline help pay for new highway construction. Other excise taxes fund activities that benefit society.

Excise taxes are taxes required on specific goods or services like fuel, tobacco, and alcohol. Excise taxes are primarily taxes that must be paid by businesses, usually increasing prices for consumers indirectly. Excise taxes can be ad valorem (paid by percentage) or specific (cost charged by unit).

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232