IRS News
Electronic Excise Tax Filing: IRS Forms 2290
IR-2007-128, July 12, 2007
WASHINGTON — The
Internal Revenue Service will add three excise tax forms this year to the ever-expanding list
of federal tax returns
and schedules that can be filed electronically.
“Electronic filing is a key component
to modernizing our tax system," IRS Acting Commissioner Kevin M. Brown said. “Expanding
e-file opportunities to include excise tax returns will help improve
tax service to taxpayers using these
forms."
The 2007 tax efiling season set
a number of electronic records, highlighted by more than 77 million electronically-filed
individual tax returns.
Internal Revenue Service(IRS) expects to receive the first electronically-filed excise tax return this summer, when Form 2290,
Heavy Highway Vehicle Use Tax Return, becomes
the first available
excise tax return that can be e-filed. Last year, more than 575,000 Forms 2290 were filed with the IRS.
As the Internal Revenue Service(IRS) begins implementation of
electronic filing for excise tax returns later this year,
taxpayers may continue to file paper Forms 2290, including those reporting 25
or more vehicles. Internal Revenue Service(IRS) will issue
further guidance regarding the applicable tax code section, IRC section
4481(e).
Form 720, Quarterly Federal Excise Tax Return,
and Form 8849,
Claim for Refund of Excise
Taxes, will be available to
e-file tax later this year.
Additional information about Electronic Tax Excise is available.
Related Items:
Electronic
Excise Tax Returns Are Here - "ETEC" (Excise Tax e-File & Compliance) Programs - Form 2290, form 720 and form 8849 Join The Ranks of
tax e-file!
The Excise
Tax e-File project was initiated to satisfy the irs requirement to provide electronic filing of Form 2290, Heavy Highway Vehicle Use Tax Return, as directed
in the American Jobs Creation Act (October 2004).
720 MeF - First Quarter of Tax Year 2009
Form 720, Quarterly Federal Excise Tax Return
will not be available electronically for the First Quarter (January
through March) of Tax Year 2009. As a result, all Form 720 returns must be filed
on paper for the First Quarter.
A subsequent Quick Alert will be issued advising of future availability.
Form 2290,
"Heavy Highway Vehicle Use Tax
Return is available for
electronic tax filing. Effective August 2007 excise tax joined the ever-growing-number of
tax forms and schedules that can be electronically tax filed,
providing taxpayers the speed and reliability
that millions of taxpayers and business owners
already enjoy. The electronic version of Form 2290 will improve excise tax processing, expedite refunds, save personal
resources (e.g., time & postage) and reduce preparation and tax processing errors.
Form 2290 Schedule 1
will be available almost immediately (once your return tax is accepted by the IRS) through your software developer/transmitter - no
more waiting for it to come in the mail!
Form 720, Quarterly Federal Excise Tax Return
is also available for optional
electronic tax filing. Effective December 3, 2007 a totally electronic tax e filing experience awaits you through
one of the
tax providers listed on the 720
e-file partner's page. Simply make your selection and join millions
of taxpayers enjoying the convenience and ease of on-line filing tax, immediate acknowledgement of
receipt and faster service.
Form 8849,
Claim for Refund of Excise
Taxes (Schedules 2, Schedules 3, Schedules 5,
Schedules 6 and Schedules 8) is now available for optional e-file.
Electronically submitted Schedules 2, Schedules 3, Schedules 5, Schedules 6
and Schedules 8 refund claims will be processed within 20 days of acceptance
by the
IRS, versus the usual 45 day processing time on all other
8849 schedules. Schedule 1
is planned for implementation early in 2010.
FILE YOUR TAXES NOW!
To file your excise
forms electronically you will need to select an approved software provider for the tax forms you want
to file. Form 2290 provider
names and contact information can be found on the 2290 e-file partner’s page. Form 720 provider information can be found on the 720 e-file partner's page.
Form 8849 provider information can be found on the 8849 e-file partner's page.