PDF document

- 1 -

Form 720-X Amended Quarterly Federal Excise Tax Return
OMB No. 1545-1759
(Rev. January 2020) ▶ Go to www.irs.gov/Form720X for the latest information.
Department of the Treasury ▶ Use to correct a previously filed Form 720.
Internal Revenue Service
Name (as shown on Form 720) Employer identification number (EIN)

Type Number, street, and room or suite no. (If you have a P.O. box, see the instructions.) Telephone number (optional)
or
Print
City or town, state or province, country, and ZIP or foreign postal code

1 Adjustments to Liability Reported on Previously Filed Forms 720
(d) (f)
(a) (b) (c) Tax as originally reported (e) Change
Quarter IRS No. Tax on Form 720 or as Adjusted tax (subtract col. (d)
ending previously adjusted from col. (e))

2 Adjustments to Form 720, Schedule C (see instructions for allowable adjustments)
(d) (f)
(a) (b) (c) Credit as originally (e) Change
Quarter CRN Credit reported on Form 720 or Adjusted credit (subtract col. (e)
ending as previously adjusted from col. (d))

3 Statement in Support of Adjustment. For tax decreases only, indicate below the statement that applies to the adjustment.
a For IRS Nos. 22, 26, 28, or 27, only collectors using the regular method for deposits check the box below.
The claimant has repaid the amount of the tax to the person from whom it was collected or
has obtained the consent of that person to the allowance of the adjustment.
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.
The claimant hasn’t included the tax in the price of the article and hasn’t collected the tax
from the purchaser, has repaid the tax to the ultimate purchaser, or has attached the written
consent of the ultimate purchaser to the allowance of the adjustment.

4 Total adjustments. Combine all amounts in column (f) for lines 1 and 2 and enter the amount
here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
If the result is a balance due, pay the amount with this return. Enclose a check or money order with Form 720-X and make it
payable to “United States Treasury.” Write on the check or money order: “Form 720-X,” your name, address, EIN, and the date
Form 720-X was signed. Complete line 6.
If the result is an overpayment, complete lines 5 and 6.

5 Check if you want the overpayment:
a Refunded to you.
b Applied to your next Form 720. Enter quarter ending date. ▶
See Form 720 for how to apply your overpayment.

For Paperwork Reduction Act Notice, see the Instructions for Form 720. Cat. No. 32661B Form 720-X (Rev. 1-2020)

- 2 -

Form 720-X (Rev. 1-2020)                                                                                                                                    Page 2 

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. 

       Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is 
       true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.

Sign  ▲

Here     Signature                                                Date     Title

         Type or print name below signature. 
         Print/Type preparer’s name          Preparer’s signature      Date
Paid                                                                       Check           if                                                     PTIN
                                                                           self-employed
Preparer 
Use Only Firm’s name     ▶                                                 Firm’s EIN  ▶
         Firm’s address  ▶                                                 Phone no.
                                                                                                                                                  Form 720-X (Rev. 1-2020)

- 3 -

Form 720-X (Rev. 1-2020) Page 3
Section references are to the Internal Revenue Code unless otherwise noted. Column (e). Enter the adjusted tax liability that should have been reported
for the IRS No. in column (b).
Future Developments Column (f). If column (e) is greater than column (d), subtract column (d) from
For the latest information about developments related to Form 720-X and its column (e). This is an increase. If column (d) is greater than column (e), subtract
instructions, such as legislation enacted after they were published, go to column (e) from column (d). This is a decrease. Show the decrease in parentheses.
www.irs.gov/Form720X.
Line 2
General Instructions Section 4051(d) tire credit. You must use line 2 to report any adjustment to
thesection 4051(d) tire credit for a prior quarter. For example, if you report
What’s New anadditional taxable vehicle on line 1 for IRS No. 33, the applicable tire
credit is reported on line 2. Enter CRN 366 in column 2(b). See the
Section 6426 credit extensions and clarification: Instructions for Form 720 for more information.
• Biodiesel. The biodiesel and renewable diesel mixture credit is Section 6426 credits. You must use line 2 to report any adjustment to
retroactively extended for fuel sold or used in 2018 through 2022. section 6426 credits, if (a) you’re reporting a change to certain taxable fuel
• Alternative fuel. The alternative fuel credit is retroactively extended for fuel liability (section 4081 liability in the case of mixtures or section 4041 liability
sold or used in 2018 through 2020. in the case of alternative fuel) on line 1, or (b) you were unable to claim the
credits against the section 4041 or 4081 liability on a prior Form 720 because
• Alternative fuel mixtures. The alternative fuel mixture credit is extended you weren’t registered. Section 6426 credits include the biodiesel or
retroactively for fuel sold or used in 2018 through 2020. For claims made on renewable diesel mixture credit, alternative fuel credit, and alternative fuel
or after January 8, 2018, “alternative fuel mixture” means a mixture of taxable mixture credit. Use a separate line for each adjustment. Enter the CRN from
fuel and alternative fuel other than liquefied petroleum gas (LPG), the table below in column 2(b). You must also complete line 6.
compressed natural gas (CNG), liquefied natural gas (LNG), liquefied gas
derived from biomass, and compressed gas derived from biomass. Credit CRN Credit Rate
Purpose of Form Biodiesel or renewable diesel mixture credit
Use Form 720-X to make adjustments to liability reported on Forms 720 you Biodiesel (other than agri-biodiesel) mixtures 388 1.00
have filed for previous quarters. Don’t use Form 720-X to make changes to Agri-biodiesel mixtures 390 1.00
claims made on Form 720, Schedule C, except for the section 4051(d) tire Renewable diesel mixtures 307 1.00
credit and section 6426 credits.
You must include in gross income (income tax return) any Alternative fuel credit and alternative fuel mixture credit
overpayment from line 4 of Form 720-X if you took a deduction Liquefied petroleum gas (LPG)* 426 .50
on the income tax return that included the amount of the taxes
▲! and that deduction reduced the income tax liability. See Pub. “P Series” fuels 427 .50
CAUTION Compressed natural gas (CNG)* 428 .50
510, Excise Taxes, for more information.
Liquefied hydrogen 429 .50
When To File
Any liquid fuel derived from coal (including 430 .50
Generally, adjustments that decrease your tax liability for a prior quarter peat) through the Fischer-Tropsch process
must be made within 3 years from the time the return was filed or 2 years
from the time the tax was paid, whichever is later. Liquid fuel derived from biomass 431 .50
Where To File Liquefied natural gas (LNG)* 432 .50
If you’re filing Form 720-X separately, send Form 720-X to: Liquefied gas derived from biomass* 436 .50
Department of the Treasury Compressed gas derived from biomass* 437 .50
Internal Revenue Service *See What’s New, under Alternative fuel mixtures for this fuel.
Cincinnati, OH 45999-0009
Otherwise, attach Form 720-X to your next Form 720. Line 3a
Private delivery services. You can use certain private delivery services Collectors using the alternative method for deposits must adjust their
(PDS) designated by the IRS to meet the “timely mailing as timely filing” separate accounts for any credits or refunds made to customers of the
rule for tax returns. Go to www.irs.gov/PDS for the current list of collector. Form 720-X can’t be used for this purpose. For more information,
designated services. The PDS can tell you how to get written proof of see Alternative method in the Instructions for Form 720.
the mailing date. For the IRS mailing address to use if you’re using PDS,
go to www.irs.gov/PDSstreetAddresses. Line 5
Private delivery services can’t deliver items to P.O. boxes. You If you want your overpayment refunded to you, check the box for line 5a.
▲! must use the U.S. Postal Service to mail any item to an IRS P.O. If you want your overpayment applied to your next Form 720, check the
CAUTION box address. box for line 5b and enter the quarter ending date of your next Form 720. You
can file Form 720-X separately or you can attach it to your next Form 720.
Specific Instructions Caution. If you checked the box on line 5b, be sure to include the
overpayment amount on lines 6 and 7 on your next Form 720. See Form 720
P.O. Box. If the post office doesn’t deliver mail to the street address and you for details. If you owe other federal tax, interest, or penalty, theoverpayment
have a P.O. Box, show the box number instead of the street address. will first be applied to the unpaid amounts.
Foreign address. Don’t abbreviate the country name. Follow the country’s
practice for entering the postal code and the name of the province, country, Line 6
or state. You can use line 6 for your explanation or you can attach additional sheets
with your name and EIN as needed.
Line 1 Adjustments on line 1. For each adjustment, you must include a detailed
Report each adjustment separately on line 1. You can use line 6 for your description of the adjustment and the computation of the amount.
explanation or you can attach additional sheets with your name and EIN as Adjustments on line 2. Any section 6426 credits must first be applied
needed. against your section 4041 or 4081 liability. To make an adjustment, you must
Column (a). Enter the quarter ending date of the Form 720 you’re amending. If follow the instructions for lines 12, 13, and 14 in the Instructions for Form
you’re amending more than one quarter, make sure each quarter is clearly 720 (Rev. January 2020). For each adjustment you must attach a detailed
identified. Enter the date in the MMDDYYYY format. For example, if you’re explanation of the adjustment, including your registration number, and the
adjusting the first quarter return for 2020, enter “03312020.” computation of the amount. Your computation must include the number of
Column (d). Enter the tax amount for the IRS No. entered in column (b) as gallons (or gasoline gallon equivalents) and credit rate (as shown above). You
originally reported on Form 720 or as later adjusted by you or the IRS. must include any information that is requested in the Instructions for Form
720 (Rev. January 2020), for Form 720, lines 12, 13, and 14.

- 4 -

Form 720X (Rev. 1-2020) Page 4
For example, the Certificate for Biodiesel and, if applicable, Statement of Alternative fuel mixture credit. Claimant produced a mixture by mixing
Biodiesel Reseller must be attached to Form 720-X if it’s the first claim filed taxable fuel with alternative fuel. Claimant certifies that it (a) produced the
that is supported by the certificate or statement. See the Instructions for alternative fuel, or (b) has in its possession the name, address, and EIN of
Form 720 (Rev. January 2020) for more information. the person(s) that sold the alternative fuel to the claimant; the date of
Certifications. On line 6 or a separate sheet of paper, you must include the purchase; and an invoice or other documentation identifying the amount of
applicable statement shown below. the alternative fuel. The claimant also certifies that it made no other claim for
the amount of the alternative fuel, or has repaid the amount to the
Biodiesel mixture credit. Claimant produced a mixture by mixing biodiesel government. The alternative fuel mixture was sold by the claimant to any
with diesel fuel. The biodiesel used to produce the mixture met ASTM D6751 person for use as a fuel or was used as a fuel by the claimant.
and met EPA’s registration requirements for fuels and fuel additives. The
mixture was sold by the claimant to any person for use as a fuel or was used Signature
as a fuel by the claimant. Claimant has attached the Certificate for Biodiesel
and, if applicable, the Statement of Biodiesel Reseller. Form 720-X must be signed by a person authorized by the entity to sign this
return. You must sign Form 720-X even if it’s filed with Form 720 to apply an
Renewable diesel mixture credit. Claimant produced a mixture by mixing overpayment.
renewable diesel with liquid fuel (other than renewable diesel). The
renewable diesel used to produce the renewable diesel mixture was derived Paid Preparer Use Only
from biomass, met EPA’s registration requirements for fuels and fuel
additives, and met ASTM D975, D396, or other equivalent standard A paid preparer must sign Form 720-X and provide the information in the
approved by the IRS. The mixture was sold by the claimant to any personfor Paid Preparer Use Only section at the end of the form if the preparer was
use as a fuel or was used as a fuel by the claimant. Claimant has attached paid to prepare the form and isn’t an employee of the filing entity. Paid
the Certificate for Biodiesel and, if applicable, Statement of Biodiesel preparers must sign paper forms with a manual signature. The preparer must
Reseller, both of which have been edited as discussed in the Instructions for give you a copy of the form in addition to the copy to be filed with the IRS.
Form 720 (Rev. January 2020). If you’re a paid preparer, enter your Preparer Tax Identification Number
(PTIN) in the space provided. Include your complete address. If you work for
a firm, you also must enter the firm’s name and the EIN of the firm. However,
you can’t use the PTIN of the tax preparation firm in place of your PTIN.
You can apply for a PTIN online or by filing Form W-12, IRS Paid Preparer
Tax Identification Number (PTIN) Application and Renewal. For more
information about applying for a PTIN online, visit the IRS website at
www.irs.gov/PTIN.

PDF file checksum: 3916020727

(Plugin #1/8.13/12.0)