Form 720 Online Filing Guide

Step 1: Registration/Login

• New Users: Click on the Register button and enter your basic details to create an account. Once registered, log in with your credentials.
• Existing Users: Simply log in using your existing credentials to access your account.

Step 2: Add New Business (For New Users)

Click on Add New Business and enter your business details:

• Business Name
• Employer Identification Number (EIN)
• Business Type
• Address (with Zip Code) and Phone Number
• Signing Authority Information (Name, Title, Country, and Phone Number)

Your business information will be securely stored in our database for future filings.

• Existing Users: Select your pre-registered business from the dropdown list.

Step 3: Select Form Type

• From the dropdown menu, choose Form 720.
• Enter the Tax Year and select the correct quarter for your filing.

Step 4: Choose Filing Options

Select any applicable options, such as:

• Final Return
• Address Change
• Zero Liability
• One-Time Filing

Choose the options that best apply to your situation, and proceed to the next step.

Step 5: Select Tax Categories

• We’ve provided well-organized categories with corresponding IRS numbers for easy selection.
• Choose your specific tax category, and you may select multiple categories if applicable to your filing.

Step 6: Provide Tax Details

Based on your selected tax category, you will be asked to provide specific details to calculate your tax amount. Some of the required inputs include:

• Tax Date
• Sales Price
• Gallons
• Number of Lives Covered
• Number of Persons
• Premium Paid
• Number of Tons

Please review the details carefully, as the tax amount will be calculated based on the information you provide.

Step 7: Tax Calculation

Select any applicable options, such as:

• Our platform will automatically calculate your tax amount based on the current tax rate for your selected category.
• Review the calculated tax amount displayed on the screen.

Step 8: Claim Refunds (If Applicable)

Select any applicable options, such as:

• If you're eligible for any refunds, you will have the option to claim your refund at this stage.
• If you are not eligible for a refund, simply skip this step and proceed to payment.

Step 9: Calculate Deposits or Overpayments for Payment Adjustment (If Applicable)

In this step, you will have the option to calculate any deposits or overpayments that may apply to your filing. If applicable, you can use these amounts to adjust your payment accordingly. If you are not eligible for any adjustments, simply skip this step and proceed to the next stage of the filing process.

Step 10: Payment Options

Choose one of the following secure payment methods to complete your filing:

• DIRECT DEBIT (Electronic Funds Withdrawal)
• EFTPS (Electronic Federal Tax Payment System)

Step 11: Final Summary

Review the final summary of your filing, which will include:

• All options selected
• The tax amount calculated

Once you’ve verified the details, proceed to complete your payment.

Step 12: IRS Submission and Instant Acknowledgement

Once your payment is processed, your filing will be successfully submitted to the IRS. Upon approval, you will receive an instant acknowledgment. In most cases, the IRS will approve your filing within a few hours.

This process ensures that your Form 720 is filed accurately, securely, and on time. If you need any assistance, our support team is available to guide you through each step.