Get Fillable Form 720

Filling out the Fillable Form 720 online can streamline your process for submitting your federal excise tax return. This guide provides detailed, step-by-step instructions designed to help users of all experience levels navigate and complete the form effectively.

Follow the steps to fill out the Fillable Form 720 online.

1. Press the ‘Get Form’ button to access the form and open it in your online editor.
2. Begin by entering your name and company details in the appropriate fields. Include the quarter ending date and your employer identification number.
3. In Part I, carefully list the applicable excise taxes by filling in the IRS numbers and the corresponding amounts you need to report.
4. Proceed to Part II where you will report any applicable health insurance fees. Be sure to include the average number of lives covered and calculate the fees accordingly.
5. In Part III, summarize your total tax by adding the amounts from Part I and Part II. If you have any claims or overpayments from previous quarters, ensure they are reflected in this section.
6. Complete any required third-party designee information if applicable, and sign and date the form to validate your submission.
7. Review all entries for accuracy. Once satisfied, you can save the changes, then download, print, or share the completed form.

Start completing your Fillable Form 720 online today to ensure timely submission.